Pico Far East Holdings Limited disclosed that, on 19 March 2026, a director exercised share options granted under the company’s 2022 Share Option Scheme, resulting in the issuance of 1.16 million new ordinary shares.

The new shares were allotted in three tranches: • 180,000 shares at HKD 1.12 each • 374,000 shares at HKD 1.30 each • 604,000 shares at HKD 1.70 each

The volume-weighted average issue price of the combined allotment is approximately HKD 1.48 per share.

Prior to the exercise, the company had 1,266.48 million shares in issue. Following the issuance, the total share count rose to 1,267.64 million, representing a 0.09% expansion of the company’s issued share capital.

No treasury shares, share repurchases, or on-market sales of treasury stock were reported in the filing.