VALA (02051) issued a total of 130 million shares of incentive shares.

VALA (02051) announced that on April 8, 2026, the board of directors has resolved to conditionally grant rewards to 10 selected participants under the 2026 share incentive plan, involving a total of 130 million reward shares. The plan was conditionally adopted by the board of directors on March 27, 2026, and will only take effect upon approval by the shareholders at the company's general meeting. In accordance with the proposal, it is suggested to grant 65.1994 million reward shares to Mr. Sun, the chairman of the board, chief executive officer, executive director and major shareholder; to grant 12.03 million reward shares to Ms. Wu, the vice president and executive director of the company; and to grant 53.1694 million reward shares to 8 employee plan participants.