On 16 April 2026, Smoore International Holdings Limited approved the grant of 930,000 awarded shares to nine employees under its Amended Share Award Scheme.

The awards carry a nil purchase price and are benchmarked against the same-day closing price of HK$9.42 per share, implying a total market value of approximately HK$8.76 million.

Vesting will occur in tranches from 16 April 2027 to 30 April 2030, with the ultimate number of shares each employee receives linked to individual performance evaluations. All awards remain subject to the scheme’s clawback provisions, including lapsing if employment ceases before vesting.

Shares for the grant will be sourced from existing unvested shares held by the scheme’s trustee. Following this transaction, 305.00 million shares remain available for future grants under the programme.

The board stated that the share awards aim to attract, motivate and retain key talent critical to the group’s long-term development.