Pacific Basin (02343) announced that on May 11, 2026, the company granted a total of 21.017 million share awards to eligible participants under the 2025 Share Award Scheme. The awards will be issued by (i) utilizing 4.772 million forfeited shares currently held by the trustee; and (ii) 16.245 million shares purchased by the company through the trustee on the secondary market at prevailing trading prices in accordance with the scheme rules. These 21.017 million share awards represent approximately 0.41% of the company's issued share capital as of the date of this announcement.