Samsonite (01910) announced that the Remuneration Committee, with the approval of independent non-executive directors, has proposed granting restricted share units to the company's Chief Executive Officer that exceed the 0.1% individual limit under the Share Award Scheme. The proposal will be submitted to shareholders for consideration and, if deemed appropriate, approval at the Annual General Meeting scheduled for June 4, 2026.

The company also intends to seek shareholder approval at the Annual General Meeting for certain amendments to the Share Award Scheme related to a potential dual listing. These amendments will be conditional upon and only become effective if the potential dual listing is implemented.

Furthermore, since the validity period of the board's authority to issue new shares for the potential dual listing of shares (in the form of American Depositary Shares) on a U.S. stock exchange lasts until the conclusion of the upcoming Annual General Meeting, and given the current global market and other conditions create uncertainty about whether the potential dual listing can be completed by or at that meeting, the company will also seek shareholder approval to renew this authorization on the same terms as the existing one. If approved by shareholders, the renewed authorization will remain valid until the earlier of: (i) the completion of the potential dual listing (at which point it will automatically terminate), or (ii) the conclusion of the Annual General Meeting to be held in 2027.