On 4 December 2025, Wynn Macau, Limited (together with its subsidiaries, the Group) announced the grant of awards (Awards) to five employees under the Employee Ownership Scheme. These Awards cover a total of 971,308 ordinary shares at HK$0.001 par value per share, representing approximately 0.018% of the issued share capital on the date of the announcement.
As disclosed, the Awards require no purchase price and align with a vesting schedule from 2026 to 2029. Three employees will have their Awards vested at 25% on each anniversary of their employment contract renewal dates between 2026 and 2029, while two employees will have theirs vested at one-third annually between 2026 and 2028. Although the first vesting is shorter than 12 months, a longer overall vesting period is maintained to encourage long-term alignment with the Group’s development.
The Awards are not subject to performance targets. A clawback mechanism stipulates that if an employee resigns or breaches relevant agreements, policies, or applicable laws, any unvested Awards will lapse automatically. No financial assistance was provided by the Group to facilitate the share purchase under the scheme.
According to the announcement, none of the selected employees is a director, chief executive, or substantial shareholder of the Company, and the Awards do not exceed relevant share grant limits. The new shares will be issued within the scheme mandate limit, leaving 494,297,813 underlying shares and a service provider sublimit of 10,423,664 shares available for future grants under the scheme mandate.
Comments