Wynn Macau Grants 5.59 Million Share Awards to 166 Employees Under 2023 Employee Ownership Scheme

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Wynn Macau, Limited announced on 23 March 2026 the issuance of 5.59 million new shares under its Employee Ownership Scheme adopted on 25 May 2023. The award volume represents approximately 0.11% of the company’s current issued share capital.

The grant covers 166 employees, including Executive Director Mr. Frederic Jean-Luc Luvisutto. He receives 0.50 million shares, while 5.09 million shares are allocated to 165 other staff members. All awards are issued at no purchase cost; the stock closed at HK$5.37 on the grant date.

Vesting schedules vary: • For Mr. Luvisutto and one other participant, half of the awards are performance-linked, vesting one-third annually from 28 February 2027 to 28 February 2029. The remaining half vests on 7 January 2027, 2028 and 2029, subject to continued service. • One employee will vest one-third annually on 1 February 2027–2029. • Another employee faces a single-cliff vesting on 9 March 2027. • The remaining 162 participants will vest in full on 30 January 2029.

Performance targets for the two senior participants focus on pre-established operating and financial metrics. The Remuneration Committee will verify target achievement before each vesting.

A claw-back mechanism triggers automatic forfeiture if employment ends due to resignation, misconduct or policy violations. No financial assistance is provided for share acquisition.

The awards will be settled with newly issued shares within the existing scheme mandate. Following the grant, 483.71 million shares remain available under the main mandate and 10.42 million shares under the service-provider sub-limit.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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