Sunny Optical Technology (Group) Company Limited (SUNNY OPTICAL, 02382.HK) announced that its board resolved on 18 March 2026 to propose the adoption of a new 2026 Share Award Scheme.

The scheme aims to: 1) grant selected participants an equity interest in the company; 2) strengthen retention; 3) incentivise performance aligned with corporate value growth; and 4) align participant interests with those of shareholders through direct share ownership.

Funding sources may include existing shares, newly issued shares, and/or treasury shares. As the scheme involves share issuance, it will be governed by Chapter 17 of the Hong Kong Listing Rules.

Implementation is conditional upon: • approval by ordinary resolutions at an upcoming extraordinary general meeting (EGM); and • the Hong Kong Stock Exchange granting listing approval for any new shares issued under the scheme.

A circular containing full details and EGM documentation will be dispatched to shareholders in due course. The company advises shareholders and potential investors to exercise caution when dealing in SUNNY OPTICAL shares until the proposal receives the necessary approvals.