On 10 February 2026, YSB Inc. granted 2,533,700 newly issued shares, representing approximately 0.37% of its total issued share capital, to 415 employees under its 2023 Share Incentive Plan. The closing price of each share on the grant date was HK$5.430, and no consideration or purchase price was required from the grantees.

The granted shares vest according to multiple schedules over one to two years from the grant date, with selected batches vesting on anniversaries aligned with 26 December, 10 September, and 30 July in subsequent years. The vesting remains subject to a comprehensive performance evaluation tied to business development goals. A clawback mechanism applies if an award grantee ceases to be an eligible participant under specific circumstances, such as termination for cause or a serious breach of internal rules.

None of the recipients is a director, chief executive, substantial shareholder, or related entity participant of the company, and no participant exceeded the 1% individual limit under relevant listing rules. YSB Inc. states that the share awards aim to incentivize employees’ contributions to the company’s success. After this issuance, 45,543,628 shares remain available under the 2023 Share Incentive Plan’s scheme mandate limit, while 1,144,700 shares remain under its service provider sublimit.

YSB Inc. has two share incentive schemes: the 2019 Share Incentive Plan (not subject to the current listing rules) and the 2023 Share Incentive Plan (adopted upon listing and subject to Chapter 17). The 2023 Share Incentive Plan is valid for 10 years from the listing date, providing a framework for share-based awards aligned with the company’s long-term objectives.