PCCW Limited announced that on 30 June 2026 it granted 124,126 ordinary shares to employee participants under the PCCW Limited 2024 Share Award Scheme adopted on 30 May 2024.

Key terms of the grant: • Category: Employees of PCCW Group entities (no directors, related-entity participants or service providers included). • Purchase price: Nil consideration. • Market reference: HK$5.33 closing price per share on the grant date. • Vesting schedule: 62,064 shares vest between 30 June 2026 and 30 June 2027, while 62,062 shares vest between 30 June 2026 and 30 June 2028. • Performance and clawback: Performance requirements were assessed and met before approval; the scheme contains no clawback mechanism.

Post-grant headroom: • Shares still available for future awards within the scheme mandate limit total 762.31 million. • Within this figure, the service-provider sub-limit stands at 38.70 million shares.

The grant was approved by PCCW’s Remuneration Committee, reflecting employees’ contributions during the relevant financial period. No other terms or financial considerations were disclosed.