Suga International Holdings Limited (the “Company”) announced the granting of share options to subscribe for a total of 18,600,000 ordinary shares at an exercise price of HK$1.07 per share. According to the announcement dated 2 February 2026, the options can be exercised from 2 February 2027 to 1 February 2032, with a vesting period of twelve months from the grant date (2 February 2026).
Of these 18,600,000 options, 8,400,000 were granted to three individuals: the Company’s Executive Director and Chairman, its Executive Director and Chief Executive Officer, and the Chief Executive Officer of Wepet Group. Each received 2,800,000 options, representing approximately 0.98% of the issued shares of the Company. The remaining 10,200,000 options were allocated to senior employees.
The Company noted that no performance target is attached to these options and that no financial assistance will be provided to any recipients. Following this grant, 9,879,000 shares remain available for future grants under the Share Option Scheme, representing approximately 3.47% of the total issued shares as of the announcement date.