[AVerMedia] Announcement of Board Resolution to Revise Rules for Issuing Restricted Employee Shares
AVerMedia revised its RSA vesting conditions to focus on a 150M TWD pre-tax profit target instead of growth rates, aiming to improve employee retention and reward competitiveness.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 09:00
- 🔍 Collected: April 25, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 28, 2026 at 22:29 (86h 29m after Collected)
1. Date of occurrence: 2026/04/24
2. Original announcement date: 2024/08/08
3. Summary of original announcement: The board resolved to amend the rules on 2024/08/08.
4. Reason and content of change: To maintain talent retention and competitiveness, the vesting conditions were revised.
Pre-revision: Vesting was based on 10% growth in revenue or operating profit compared to the past 3-year average.
Post-revision: Vesting is based on FY2026 pre-tax profit.
(1) Pre-tax profit must be >= 0.
(2) Target value is 150 million TWD for 100% vesting.
(3) Formula: If profit is >= 0 and < 150M, payout rate = 30% + (Actual - 0)/(150M - 0) * 70%.
(4) Exclusions: Gains/losses from asset disposal, litigation, M&A costs, and investment income from AVerInformation are excluded to reflect direct employee contribution.
Keywords: Material Information
2. Original announcement date: 2024/08/08
3. Summary of original announcement: The board resolved to amend the rules on 2024/08/08.
4. Reason and content of change: To maintain talent retention and competitiveness, the vesting conditions were revised.
Pre-revision: Vesting was based on 10% growth in revenue or operating profit compared to the past 3-year average.
Post-revision: Vesting is based on FY2026 pre-tax profit.
(1) Pre-tax profit must be >= 0.
(2) Target value is 150 million TWD for 100% vesting.
(3) Formula: If profit is >= 0 and < 150M, payout rate = 30% + (Actual - 0)/(150M - 0) * 70%.
(4) Exclusions: Gains/losses from asset disposal, litigation, M&A costs, and investment income from AVerInformation are excluded to reflect direct employee contribution.
Keywords: Material Information