AAC TECH (02018) grants 3.044 million award shares

AAC TECH (02018) announces that, in order to attract, incentivize and retain key business leaders and talent, and to support the implementation of the Company's business strategy and promote the Company's long-term sustainable development, on October 23, 2026, the Board resolved to grant a total of 3.044 million award shares (Award Shares) to 297 selected employees (Grantees) free of charge under the 2023 Share Award Scheme, subject to acceptance by the Grantees (the Grant). The 3.044 million Award Shares represent approximately 0.25% of the total number of issued shares (including treasury shares) as at the date of this announcement. Based on the closing price of HK$35.6 per share on the date of this announcement, the aggregate market value of the 3.044 million Award Shares is HK$108 million. As at the date of this announcement, the trustee of the 2023 Scheme holds a total of 20,638,200 unvested shares under the 2023 Share Award Scheme. Prior to this Grant, no awards had been granted under the 2023 Share Award Scheme. After taking into account this Grant, the number of shares that may be granted in the future under the scheme mandate of the 2023 Share Award Scheme is 41,956,000 shares.