Biren Tech Proposes H-Share Option and Incentive Schemes with 10% Share Cap; EGM Slated for 15 June 2026

Bulletin Express05-15

Shanghai Biren Technology Co., Ltd. (“Biren Tech”) announced that its board resolved on 15 May 2026 to seek shareholder approval for two equity-based remuneration plans: the H-Share Option Scheme and the H-Share Incentive Scheme.

Scheme structure and limits • Combined ceiling: New H shares to be issued under all share schemes—existing and proposed—will not exceed 10% of Biren Tech’s total issued share capital (excluding any treasury shares) on the date of shareholder approval. • Service-provider cap: Grants to external service providers are limited to 1% of the same share base. • Source of shares: Awards may be satisfied by newly issued H shares, on- or off-market purchases, or transfers of treasury shares.

Regulatory framework • Both schemes fall under Chapter 17 of the Hong Kong Listing Rules; no share options or awards involving new-share issuance will be granted during the first six months after the company’s 2 January 2026 listing. • Implementation requires two conditions: (1) special resolutions at an extraordinary general meeting (EGM) and (2) listing approval for any new shares from the Hong Kong Stock Exchange.

EGM timetable and share-transfer deadlines • Record date: Monday, 15 June 2026. • Share register closure: Wednesday, 10 June to Monday, 15 June 2026 (both days inclusive). • Cut-off for lodging H-share transfer documents: 4:30 p.m., Tuesday, 9 June 2026, at Tricor Investor Services Limited.

Shareholders and investors are advised to exercise caution when dealing in Biren Tech’s securities until the schemes receive formal approval.

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