Axera Semiconductor Co., Ltd. (“Axera Semiconductor”) disclosed that its board resolved on 4 June 2026 to seek shareholder approval for two equity-based incentive plans—the H-Share Option Scheme and the H-Share Award Scheme.

Both schemes will grant eligible employees, related-entity participants and service providers the opportunity to acquire newly issued H shares, aligning interests with the company’s long-term value creation.

Key terms include: • Compliance with Chapter 17 of the Hong Kong Listing Rules, classifying both plans as share schemes that involve new share issuance. • A moratorium on granting any options or awards that require new H-share issuance during the six-month period following the company’s 10 February 2026 H-share listing. • Final implementation contingent on two approvals: (i) special resolutions at the forthcoming annual general meeting and (ii) listing approval from the Stock Exchange’s listing committee for any H shares to be issued under the schemes.

As of the announcement date, the proposals await shareholder endorsement, and investors are advised to exercise caution when dealing in Axera Semiconductor securities.