Keep announces grant of 660,000 RSUs, equal to 0.13% of share capital, to eight employees

Bulletin Express04-15

Keep Inc. disclosed that its Board granted 660,000 restricted share units (RSUs) on 15 April 2026 under the Post-IPO Share Incentive Plan. The award represents approximately 0.13% of the company’s issued share capital, excluding treasury shares.

Key terms • Grantees: Eight employees who are neither Directors, senior managers, substantial shareholders nor associates of the foregoing. • Purchase price: Nil. • Reference share price: HK$2.87 per share, the closing price on the grant date. • Vesting schedules: – Two employees will receive 250,000 RSUs vesting 25% on each anniversary over four years, with the first tranche eligible to vest within 12 months. – Six employees will receive 410,000 RSUs vesting 50% on the second anniversary and 25% on each of the third and fourth anniversaries. All vesting periods exceed 12 months.

Performance and clawback conditions Vesting is subject to individual annual performance thresholds. The Board may cancel unvested or vested RSUs and require return of shares or cash in cases of employment termination for cause, integrity-related offences, material policy breaches or other serious misconduct, ensuring alignment with plan objectives.

Dilution and scheme capacity Upon full vesting, shares will be satisfied through (i) shares issued under Pre-IPO plans and/or (ii) new share issuance. After this grant, 22.42 million shares remain available under the overall scheme mandate limit, and 2.30 million shares remain under the service provider sub-limit.

Regulatory position • The grant falls within Listing Rules 17.06A–17.06C. • No individual exceeds the 1% single-participant cap, and no related-entity or service-provider limits are breached. • Shareholder approval is not required.

Purpose Management stated that the RSUs aim to attract, motivate and retain key personnel, align employee interests with shareholders and support long-term growth and profitability.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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