Chervon Purchases HK$8.03 Million in Shares for Employee Incentive Scheme

Bulletin Express04-14

Chervon Holdings Limited announced that the trustee of its Share Scheme acquired 502,800 shares on 14 April 2026.

• Purchase details: The shares were bought on-market at an average price of HK$15.97 per share, for a total consideration of approximately HK$8.03 million, excluding related expenses.

• Trustee shareholding change: Holdings under the scheme rose from 5.62 million shares (about 1.10 % of total issued shares) to 6.13 million shares (about 1.20 %).

• Next steps: In line with the Scheme Rules and Listing Rules, the board retains discretion to set vesting conditions for selected participants and may direct the trustee to make additional market purchases as deemed appropriate.

The Share Scheme aims to align participant interests with long-term shareholder value, and all actions are conducted under the authority granted by shareholders in early 2024.

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