On 9 April 2026, XtalPi Holdings Limited approved two equity incentive grants aimed at strengthening employee retention and motivation. The company issued 11.23 million share options to 137 employees and 10.92 million restricted share units (RSUs) to 270 employees, with all recipients being non-director staff members of the Group.

Each share option carries an exercise price of HK$9.61, matching the stock’s closing price on the grant date and exceeding the five-day average closing price of HK$9.52. Options can be exercised within five years of the grant date and are subject to a 36-month vesting schedule. The first tranche may vest within 12 months, contingent on individual performance evaluations. Unvested options will lapse if employment is terminated for cause or under other clawback conditions specified in the plan rules.

The RSU award mirrors the options’ 36-month total vesting period, with the first tranche also eligible to vest within 12 months, subject to performance tests. RSUs were granted at no purchase cost to employees and include the same clawback provisions as the option plan.

Following these issuances, approximately 180.45 million shares remain available for future grants under the combined mandate limit of the company’s post-IPO share option and RSU schemes.