SAMSONITE (01910) proposes to grant restricted stock units to the Chief Executive Officer beyond the 0.1% individual limit under the stock award plan.

SAMSONITE (01910) announced that on April 9, 2025, the Remuneration Committee (approved by independent non-executive directors) proposed to grant restricted share units to the company's CEO, Mr. Kyle Francis Gendreau, exceeding the 0.1% individual limit. The proposal will be considered and approved at the annual general meeting of shareholders to be held on June 3, 2025. It is proposed in 2025 to grant Mr. Gendreau restricted share units with a total value of 7,316,350 US dollars under the 2025 Long-Term Incentive Plan, based on his basic salary of 1,463,270 US dollars for the year 2025 at 500% (where 50% of the target long-term incentive plan value will be granted in the form of performance-linked restricted share units, and 50% will be granted in the form of time-linked restricted share units).