Kinergy Corporation Ltd. (Kinergy) has granted 7.72 million share options to selected directors and employees under its 27 June 2018 Share Option Scheme.

Key terms • Date of grant: 13 April 2026 • Exercise price: HK$0.365 per share, matching the 13 April 2026 closing price and exceeding both the five-day average closing price of HK$0.336 and the two-month volume-weighted average price of HK$0.3459. • Shares covered: 7.72 million, representing approximately 0.84% of Kinergy’s issued share capital on the announcement date. • Validity: Five-year term ending 13 April 2031. • Vesting: 12-month cliff; options become exercisable from 13 April 2027 through 13 April 2031. • Performance conditions: Exercise is contingent on Group financial targets for FY 2026 and personal KPIs. Unmet targets cause automatic lapse. • Clawback: Options lapse if a grantee is terminated for misconduct, criminal conviction, insolvency, or other grounds specified in the scheme. • No financial assistance: The Group has provided no loans or funding to facilitate option exercise.

Allocation • Executive Director & CEO Lim Kuak Choi Leslie – 0.92 million options • Executive Director & Group Financial Controller Tay Kim Kah – 1.00 million options • Executive Director Lim Khin Mann – 0.80 million options • Eight senior employees, including the COO and senior functional heads – 5.00 million options in aggregate

Regulatory position The grant does not trigger shareholder approval requirements under the Hong Kong Listing Rules. Each grantee’s allocation is below the 1% individual limit under Rule 17.03D(1). Following this grant, 70.03 million shares remain available for future awards under the scheme mandate limit.