PCCW Limited announced the grant of 1.61 million new share awards on 22 May 2026 under its 2024 Share Award Scheme. All awards were allocated to employee participants; no directors, related‐entity participants, or service providers received grants.

The share awards are split into two tranches: • 731,769 shares vest between 22 May 2026 and 22 May 2027. • 878,053 shares vest between 22 May 2026 and 22 May 2028.

Key terms include a nil purchase price and a closing price of HK$6.15 per share on the grant date. Performance targets were considered fulfilled prior to the grant, and the scheme rules do not provide a clawback mechanism.

Following this issuance, 762.42 million shares remain available for future grants within the scheme mandate limit, of which 38.70 million are reserved for the service provider sub-limit.