Wong’s Kong King International (Holdings) Limited (“WKK INTL (HOLD)”; HKEX: 00532) has issued a circular dated 9 June 2026 detailing plans to adopt a new 2026 Share Option Scheme, replacing the existing 2016 plan that expires on 21 June 2026.

The Board will seek shareholder approval at a Special General Meeting scheduled for 29 June 2026, immediately after the company’s Annual General Meeting at The Royal Garden, Hong Kong. Proxy forms must be lodged no later than 48 hours before the meeting; the share register closes from 24–29 June 2026.

Key terms of the proposed 2026 Scheme include: • Scheme Mandate Limit: Options and awards under all share schemes will be capped at 10% of issued share capital (excluding treasury shares) on the adoption date—equivalent to a maximum 72.99 million shares based on the 729.90 million shares in issue as of 28 May 2026. • Option Life: Up to 10 years from the grant date, within a scheme life ending 10 years after adoption. • Vesting: Standard minimum 12-month vesting; shorter periods permissible for specific cases such as “make-whole” grants for new hires, death, or accelerated, performance-based schedules. • Exercise Price: Not lower than the highest of (i) the closing price on the grant date, (ii) the 5-day average closing price, and (iii) the shares’ nominal value. • Eligibility: Directors, full-time or part-time employees, and specified staff of related entities. • Clawback: The Board may cancel unexercised options in cases of misconduct, termination for cause, criminal conviction, material misstatement of accounts, or regulatory requirements.

Current 2016 Scheme Status: • Outstanding options: 32.95 million, all granted on 14 June 2019 at an exercise price of HK$0.906 and expiring 13 June 2029. • Remaining mandate before expiry: 4.77 million shares; the Board does not intend further grants under the 2016 Scheme.

Implementation of the 2026 Scheme is conditional on: 1. Shareholder approval at the 29 June 2026 SGM. 2. HKEX Listing Committee approval for the listing of any new shares to be issued upon option exercises.

The Board currently has no immediate plan to grant options once the new scheme is adopted.