On 3 September 2026, CL Group (Holdings) Limited announced the grant of 59.40 million share options and 82.00 million share awards to selected directors and employees under the company’s Share Scheme adopted on 22 March 2024.
Key terms • Date of Grant: 3 September 2026 • Total securities granted: 141.40 million ordinary shares (59.40 million options; 82.00 million awards) • Exercise price per option: HK$0.065, the highest of (i) HK$0.060 closing price on the grant date, (ii) HK$0.065 average closing price over the preceding five business days, and (iii) the HK$0.01 par value • Purchase price for awards: Nil • Exercise window for options: 3 September 2027 – 2 September 2030 • Vesting date for both instruments: 3 September 2027 • Performance conditions: None • Claw-back provisions: Options and awards lapse if the grantee leaves the Group, becomes bankrupt, is convicted of an integrity-related offence, or breaches scheme rules • Financial assistance: None provided to grantees
Allocation to key insiders • Kwok Kin Chung (Executive Director & CEO): 19.80 million options and 2.20 million awards • Lau Kin Hon (Executive Director): 19.80 million options and 2.20 million awards • Yu Linda (Executive Director): 19.80 million options and 2.20 million awards • Lee Fu Kwan Frederick (Market Development Manager; associate of a substantial shareholder): 2.20 million awards • Lee Fu Yau Sylvester (Compliance Associate; associate of a substantial shareholder): 2.20 million awards
All grants to directors, the chief executive officer and associates of a substantial shareholder have been approved by the company’s independent non-executive directors in accordance with Rule 23.04(1) of the GEM Listing Rules.
Post-grant capacity Following the issuance, 78.60 million shares remain available for future grants under the Share Scheme.
Purpose The Board states that the incentive package is designed to recognise past contributions, align management and employee interests with shareholders, and support long-term value creation for CL Group.