SHOUHUI GROUP (02621) suggests adopting a restricted share unit plan for the year 2026 and awarding a total of 668,400 restricted share units.

SHOUHUI GROUP (02621) announced that in order to further strengthen the independence of the Remuneration Committee and enhance the company's corporate governance practices, the Board of Directors has decided to make the following changes to the composition of the Remuneration Committee, effective immediately after the relevant resolutions are passed on May 11, 2026: Executive Director Mr. Li Jianting has been appointed as a member of the Remuneration Committee, while Mr. Guangyao will no longer serve as a member of the Remuneration Committee. On May 11, 2026, the Board of Directors proposed, subject to shareholder approval, the adoption of a Restricted Share Unit Plan for 2026. The 2026 Restricted Share Unit Plan will be funded through the transfer of treasury shares to a trustee, the purchase of existing shares from the secondary market by the trustee on the instructions of the Board, and/or the issuance of new shares by the company, thereby constituting a share scheme funded by new shares under Chapter 17 of the Listing Rules. On May 11, 2026, subject to approval by shareholders at the Annual General Meeting, the Board of Directors conditionally decided to grant a total of 668,400 restricted share units to 94 eligible participants, including (i) 28,000 restricted share units to two executive directors; (ii) 170,500 restricted share units to a senior executive of the company (subject to acceptance by the grantee), representing approximately 0.30% of the total issued shares (excluding treasury shares) as of the date of this announcement.