SAIMO Technology (02571) announced that, as of the date of this announcement, the company's public float is approximately 22.58%, which is below the minimum percentage of 25% stipulated by Rule 19A.28B(1)(a) of the Hong Kong Exchanges and Clearing Limited Securities Listing Rules.

This shortfall is due to 3.2262 million shares, representing approximately 2.42% of the company's total issued share capital as of the announcement date, being held by BOC International Trustee (Hong Kong) Limited for the benefit of eligible participants who are non-core connected persons under the company's 2025 H-share award trust scheme adopted on June 17, 2025.

As these shares have not yet been granted to the participants, they are not considered part of the public float.