Beisen Holding Limited disclosed that its board approved the grant of 0.48 million restricted share units (RSUs) on 13 April 2026 to nine employee participants within its Share Award Scheme, which is fully compliant with Hong Kong Listing Rules Chapter 17.

The award represents 0.48 million ordinary shares of the company and carries no purchase price. Vesting will occur in four equal annual tranches—25% each year—from 22 April 2027 through 22 April 2030. The board retains discretion to accelerate vesting subject to Rule 17.03F compliance.

Each RSU is tied to individual performance metrics focusing on task completion and departmental contribution. Vesting is contingent on employees’ performance rankings during the relevant period. A clawback mechanism allows Beisen to cancel or recover awards and related income if performance targets are unmet or employment terminates.

Settlement will be satisfied via transfer of treasury shares. Following this grant, 30.53 million shares remain available for future awards under the scheme, while 3.42 million shares are still available under the Service Providers Limit.

The RSUs were granted at no cost to recipients; the closing market price of Beisen’s shares on the grant date was HK$3.93. None of the grantees is a director, chief executive, substantial shareholder, or associate thereof, nor does any individual exceed the 1% single-participant limit stipulated by the Listing Rules. No shareholder approval is required for the current grant.

Beisen states that the incentive aligns employee interests with long-term corporate performance and supports talent retention, reinforcing the broader objectives of its Share Award Scheme.