IGG Inc. (IGG) announced a material update to its long-standing Share Award Scheme and approved a fresh grant of 68.70 million existing shares—equal to 6.00% of the current issued share capital excluding treasury shares—to 32 directors and key employees. The award is valued at approximately HK$213 million, based on the HK$3.10 closing price on 30 April 2026 (the grant date).

Scheme amendments • A refreshed scheme limit now caps outstanding awards at 10% of issued share capital, while any single grantee’s 12-month allotment is restricted to 5%. • Trustee-held unvested shares must remain below 10% of issued share capital. • The plan continues to be funded exclusively by on-market share purchases, so no new shares will be issued and no shareholder dilution will occur.

Grant allocation • Founder-Chairman and CEO Mr. Zongjian Cai receives 35.17 million shares (3.07% of issued capital). • Executive Directors Mr. Yuan Xu, Mr. Hong Zhang and Ms. Jessie Shen collectively receive 16.80 million shares. • Twenty-eight additional senior employees are awarded 16.74 million shares.

Vesting mechanics The shares vest in five equal tranches from 2027 to 2031, subject to two conditions: 1) continuous eligibility of the grantee; and 2) achievement of an annual compound share-price growth rate of at least 10% over an initial benchmark of HK$3.08.

If the measurement-period average price exceeds the target by 25% or more, the full tranche vests; otherwise, vesting scales with performance, and unvested balances lapse. An accelerated vesting clause triggers full vesting upon a change-of-control event.

Strategic rationale Management notes that the 2026 grant broadens participation from 12 to 32 key contributors and ties rewards directly to long-term share-price performance, aligning management incentives with shareholder value creation while avoiding dilution through open-market share repurchases.