Easou Technology proposes revised 2025 Share Award Scheme II clawback and service provider terms

Reuters
Mar 09
Easou Technology proposes revised 2025 Share Award Scheme II clawback and service provider terms

Easou said it has proposed revisions to the principal terms of its 2025 Share Award Scheme II, including an expanded definition of eligible employee participants that allows exclusions where the board deems it necessary or expedient. The revised terms also specify service-provider categories such as suppliers of digital content authorizations, computer power, and product promotion services. Easou added assessment factors by service-provider type, including transaction amount and relevant profit for suppliers, and professionalism and project results for consultants. The scheme update adds that performance targets may be set based on indicators such as revenue and profit for employee and related-entity participants, and expected revenue and profit from cooperative relationships for service providers. Easou also revised clawback provisions, including potential repayment of vested awards in shares or cash based on a defined five-business-day average closing price measure.

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