Yixin Group Limited on 12 May 2026 granted 22.70 million share awards to 16 employee participants under its 2024 Share Scheme. Based on the same-day closing price of HK$1.85, the package has a notional market value of HK$42.00 million. No cash consideration is payable by the grantees.

All awards will vest in five equal tranches on the first through fifth anniversaries of the grant date, subject to annual adjusted net profit (“ANP”) benchmarks: • ANP below HK$2.00 billion – no shares vest; • ANP between HK$2.00 billion and HK$2.50 billion – up to one-third of the scheduled tranche may vest; • ANP between HK$2.50 billion and HK$3.00 billion – up to two-thirds of the scheduled tranche may vest; • ANP at or above HK$3.00 billion – the full scheduled tranche may vest.

The ANP benchmark is determined as the higher of the current financial year’s ANP or the peak ANP achieved in prior vesting years, ensuring that vesting reflects sustained earnings performance.

A clawback mechanism allows the Board to cancel unexercised options and recover vested shares or their cash equivalent if a grantee is dismissed for cause, convicted of integrity-related offences, or deemed to have committed serious misconduct.

The grant was approved by the Board, all independent non-executive directors and the Remuneration Committee. None of the grantees is a director, chief executive or substantial shareholder, and the individual award limits under Hong Kong Listing Rule 17.03D(1) are not exceeded. No financial assistance will be provided for share purchases.

Following this transaction, 4.33 million shares remain available for future grants under the 2024 Share Scheme’s mandate limit of 652.41 million shares.

Yixin advises shareholders and prospective investors to exercise caution when dealing in the company’s securities.