China Boton Group (3318) Issues Supplemental Update on 2024 Annual Report

Bulletin Express11-14

China Boton Group Company Limited has released a supplemental announcement regarding its annual report for the year ended 31 December 2024. The primary focus is the “Share Award Scheme,” which outlines that awarded shares typically require a vesting period of at least 12 months from the date of acceptance.

A shorter vesting period may be authorized for employee participants under circumstances including “make whole” awards for new hires, termination of employment due to death or disability, or the fulfillment of specific performance targets. Other outlined scenarios include awards subject to administrative or compliance requirements and grants with vesting and holding periods totaling more than 12 months.

No share awards were granted, lapsed, or canceled under the scheme from adoption through 31 December 2024. Apart from the supplemental details provided, all other information in the 2024 annual report remains unchanged.

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