Smoore grants share options, awarded shares to employees

Smoore International Holdings Limited announced on October 15, 2025, the grant of 1,180,000 share options to nine eligible participants under its Amended Share Option Scheme. The exercise price for these options is HK$15.72 per share, which is not less than the closing price of HK$15.57 on the date of grant or the average closing price of HK$15.72 for the five preceding business days. These options will vest between October 15, 2026, and October 15, 2029, and remain valid for ten years.

Concurrently, the company also granted 540,000 awarded shares to ten eligible participants under its Amended Share Award Scheme, with vesting periods between October 15, 2026, and October 15, 2029. Both grants are designed to incentivize employees based on their positions, job tenures, and performance evaluation results. Each grant includes a clawback mechanism, with options and awarded shares lapsing upon cessation of employment.

Following these grants, a total of 551,757,627 shares remain available for future grants under the Scheme Mandate Limit for share options. Additionally, 306,299,091 shares are available for future grants under the Amended Share Award Scheme. None of the grantees are directors, chief executives, or substantial shareholders, nor do their grants exceed individual or aggregate limits under listing rules.