Ruichang International Holdings Limited announced the adoption of its 2026 Share Award Scheme on 24 August 2026. The plan will run for ten years and is capped at 50.00 million ordinary shares, equivalent to 10% of the company’s current issued share capital.

The scheme will be financed exclusively through the acquisition of existing shares on the secondary market by an independent trustee, eliminating the need to issue new shares and therefore requiring no shareholder approval under Hong Kong Listing Rule 17.01(1)(b).

Participants eligible for awards include the group’s employees, executive directors, non-executive directors, independent non-executive directors, and directors of equity-accounted investees. No monetary consideration is payable by participants for accepting or vesting awards.

Key parameters include: • Scheme Limit – cumulative awards cannot exceed 50.00 million shares; • Individual Limit – awards to any single participant are capped at 1% of issued share capital; • Vesting – performance targets and service conditions are set at the Board’s discretion, with power to waive or modify terms; • Restrictions – grants will not be made during blackout periods defined by the Model Code or when unpublished inside information exists.

Upon the scheme’s termination, unvested shares will continue to be held for participants, and any remaining trust assets after the 10-year term will be realised and returned to the company.

The Board will administer the scheme and may delegate authority to committees or designated persons as allowed by the rules. All decisions made under the scheme shall be final and binding on all parties involved.