UIC: Board Resolution on determining standards and principles for distributing shares to each subject and implementation timeline – list of employees participating in ESOP

The Board of Directors (BOD) of UIC has issued a resolution regarding the standards for distributing shares to various subjects under the Employee Stock Ownership Plan (ESOP). This resolution outlines clear principles for the amount of shares that each individual may receive. Additionally, the BOD has established the timeline for implementing the ESOP program and identified a specific list of employees participating. The ESOP program is intended to encourage employees’ loyalty to the company while also providing them the opportunity to own shares in UIC.