Smart Globe Holdings Limited on 13 May 2026 announced Board approval to seek shareholder consent for a new equity-based incentive plan, the “2026 Share Award Scheme,” at an extraordinary general meeting (EGM) scheduled for 29 May 2026 in Hong Kong.

Key terms • Scheme size: Awards may involve issuance of new shares up to 10.00% of Smart Globe’s issued share capital on the adoption date (the “Scheme Mandate Limit”). • Service providers: Grants to external service providers are capped at 0.50% of issued share capital within the overall 10.00% limit (the “Service Provider Sub-Limit”). • Conditions precedent: The scheme becomes effective only after (1) shareholder approval of both the scheme and the sub-limit, and (2) Listing Committee authorisation for the listing and dealing of any new shares issued upon vesting of awards.

Strategic rationale Management intends to use the plan to retain and motivate key talent, attract new personnel and align award recipients’ interests with those of shareholders, supporting the Group’s medium- to long-term growth objectives.

Current equity incentive landscape Smart Globe’s existing share option scheme, adopted on 4 December 2017, remains valid until 11 December 2027. As of 13 May 2026, no options have been granted, exercised, cancelled or remain outstanding under that programme.

Next steps A circular detailing the 2026 Share Award Scheme will be dispatched to shareholders in accordance with Hong Kong Listing Rules. Until formal approval is obtained, shareholders and potential investors are advised to exercise caution when dealing in Smart Globe securities.