VCREDIT Holdings awards 225,000 shares to employees

On September 16, 2025, VCREDIT Holdings Limited announced the grant of 225,000 award shares to two employees, representing approximately 0.05% of total shares in issue. The awards were granted under the Share Award Scheme No. 1, with shares to be acquired through on-market acquisitions by the trustee. The closing price of the shares on the grant date was HK$3.30 per share, and no consideration was required from the grantees.

The award shares will vest in three equal tranches annually, on September 16, 2026, September 16, 2027, and September 16, 2028. These awards aim to incentivize grantees to continue contributing to the group's long-term growth and profits. The awards are not subject to additional performance targets and have specific clawback provisions for unvested shares, primarily related to cessation of employment.

Following this grant, 11,273,009 award shares remain available for future grant under Share Award Scheme No. 1, and 49,305,718 award shares remain available under Share Award Scheme No. 2. The trustee will transfer the underlying award shares to the grantees at no cost upon satisfying vesting conditions.