Denox environmental proposes new share option scheme to attract talent

Denox Environmental & Technology Holdings Limited (HKEX:1452) announced a proposal to adopt a new share option scheme, seeking shareholder approval at an Extraordinary General Meeting (EGM) on Thursday, 11 December 2025. This new scheme will replace the 2015 Share Option Scheme, which expired on 13 October 2025, and aims to provide equity incentives to eligible directors and employees for their contributions to the Group's long-term growth and profitability.

The total number of shares available for grant under the new scheme, combined with any other share schemes, will not exceed 10% of the company's issued share capital as of the approval date. As of 20 November 2025, this represents 59,284,440 shares based on 592,844,400 issued shares. The subscription price for options will be determined by the board, not less than the highest of the closing price on the offer date, the average closing price for the five preceding business days, or the nominal value of the share (US$0.01).

Shareholders are invited to attend the EGM to be held at Room 1506-1, 12th Floor, Block 2, No. 128 Western South Fourth Ring Road, Fengtai District, Beijing 100070, PRC, at 10:00 a.m. The company's register of members will be closed from Friday, 5 December 2025, to Thursday, 11 December 2025, to determine entitlements for attendance and voting. The board believes the scheme is in the best interests of the company and its shareholders.