United Laboratories awards 3.37m shares to employees

The United Laboratories International Holdings Limited has announced the vesting of 3,369,800 Award Shares to eligible grantees, effective November 13, 2025. This vesting is in accordance with the terms of the 2023 Share Award Scheme, initially announced on November 13, 2023, with a total grant of 12,096,900 Award Shares, and follows the achievement of performance targets set for 2024.

Directors collectively received 601,900 vested Award Shares. Chairman and executive director Tsoi Hoi Shan received the largest individual allocation among directors with 191,700 shares. Vice chairman and executive director Leung Wing Hon received 133,700 shares, while executive director Choy Siu Chit was granted 89,600 shares. Executive directors Fang Yu Ping, Zou Xian Hong, and Zhu Su Yan each received 62,300 shares.

The remaining 2,767,900 Award Shares were vested in other employees of the Group. This distribution highlights the company's commitment to its share award scheme, incentivizing its leadership and broader workforce based on performance.