FAR INTL Grants 2.65 Million Award Shares to CEO, CFO and Key Staff, Equal to 0.28% of Issued Capital

Bulletin Express07-02

FAR International Holdings Group Company Limited (FAR INTL) announced a voluntary grant of 2.65 million award shares on 2 July 2026 under its Share Award Scheme adopted on 9 April 2025. The allocation represents about 0.28% of the company’s issued share capital.

Of the total award, Executive Director and Chief Executive Officer Mr. Wang Tiantian and Executive Director and Chief Financial Officer Mr. Shi Dite each received 936,000 shares. The remaining 775,000 shares were distributed among nine other employees.

Key terms: • Grant date: 2 July 2026 • Vesting: All awards vest in a single tranche on 2 July 2027 (12-month period) • Issue price reference: HK$1.05 per share (closing price on grant date) • Consideration: Nil; shares to be acquired on-market by the scheme trustee • Performance conditions: None; the Remuneration Committee cited 2025 performance achievement and future incentive alignment • Claw-back: Awards lapse if a grantee leaves the Group before vesting or breaches specified contractual, bankruptcy or legal conditions

Post-grant, 75.35 million shares remain available for future grants within the scheme mandate.

The Board, including all independent non-executive directors, approved the awards. Grants to the CEO and CFO constitute connected transactions but are fully exempt from reporting, announcement and shareholder approval requirements under Rule 14A.76(1) of the Hong Kong Listing Rules because all applicable percentage ratios are below 0.1%.

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