Lingbao Gold awards shares to key employees

Lingbao Gold Group Company Ltd. (HKEX:3330) has granted 6,608,000 awarded H shares to 89 selected participants under its share award scheme. The awards, granted on November 5, 2025, represent approximately 0.60% of the total H shares in issue. They aim to align employee interests with company performance, incentivize talent, and acknowledge contributions. The closing price of H shares on the grant date was HK$15.50 per H share.

The vesting of the awarded shares occurs in three tranches: 33% after 12 months, another 33% after 24 months, and 34% after 36 months, all commencing from November 5, 2025. Vesting is contingent upon company-level performance indicators, including annual gold production and costs per gram of gold, each weighted at 50%, and individual performance ratings. The grant includes awards to five executive directors, with Mr. Wang Pinran receiving 500,000 H shares.

This grant will be satisfied by issuing new H shares within the scheme mandate limit, subscribed and held in trust. Following this allocation, 48,670,949 H shares remain available for future grants under the share award scheme.