China Merchants Port cancels stock options after participant loses eligibility

China Merchants Port Group Co., Ltd. confirmed the completion of the cancellation of 13,500 stock options from its first-phase stock option incentive plan. The decision to cancel these options was made during meetings in October 2025, which approved the proposal to cancel part of the stock options.

The cancellation stems from one incentive participant losing eligibility for the company's incentive plan. This individual's 13,500 granted but unexercised stock options were consequently subject to cancellation. The company announced this decision on October 31, 2025.

The cancellation process for these 13,500 stock options was finalized on November 4, 2025, following verification by China Securities Depository and Clearing Corporation Limited's Shenzhen Branch. China Merchants Port Group stated that this action complies with relevant laws, regulations, and the company's articles of association, ensuring no significant impact on its financial position or operating results.