INNOGEN-B (HKEX: 02591) has announced that its board of directors has proposed the adoption of a share reward plan.

In accordance with the provisions of the company's articles of association, a special resolution regarding the proposal to adopt the plan will be presented for deliberation and approval at the upcoming annual general meeting.

The plan is set to take effect only after receiving shareholder approval at the annual general meeting scheduled for June 29, 2026.

The primary objective of the scheme is to enhance the company's incentive mechanisms.

By granting rewards, it aims to attract, motivate, and retain selected employees of the company, staff from associated entities, and service providers.

This initiative seeks to further boost the enthusiasm and creativity of participants.

Participants under the plan are expected to be incentivized to serve the company, create value, and contribute in a more effective and stable long-term manner.

This is intended to promote the sustained growth of the company's performance.

By increasing the company's value, the plan also aims to deliver added benefits to the participants, thereby achieving mutual development for both the participants and the company.