TIANGE (01980) announced that on June 25, 2026, the board of directors resolved to approve the grant of a total of 61.3 million share awards to nine grantees under the 2024 Share Scheme.

The awards will be issued using excess shares. According to the note to Rule 8.24 of the Listing Rules, once granted, these awards will be counted as part of the public float.

Based on publicly available information from the company, following the aforementioned grant, the number of shares held by the public will increase from 231,257,423 shares to 292,557,423 shares.

Given that the public float ratio after the grant is approximately 26.37%, the company has met the minimum public float requirement stipulated under Rule 13.32B(1) of the Listing Rules following the issuance of these awards.