Chaikosheng Technology Co., Ltd. (the “Company”) announced on 21 May 2024 that its Board of Directors has decided to amend the relevant provisions of the Restricted Share Unit Award Scheme and the Employee Restricted Share Unit Scheme. This amendment allows Trustee Endowment Trust Services (Hong Kong) Limited to instruct its wholly-owned subsidiary Three D Partners Limited to use the withheld shares, which were originally used to meet the personal income tax obligations incurred by scheme participants as a result of the restricted share units. As amended, these shares will be made available for transfer in order to fulfill the exercise of the restricted share units. The Board considers that the amendments will not affect the existing rights of the participants in...Show More

Chaikosheng Technology Co., Ltd. (the “Company”) announced on 21 May 2024 that its Board of Directors has decided to amend the relevant provisions of the Restricted Share Unit Award Scheme and the Employee Restricted Share Unit Scheme. This amendment allows Trustee Endowment Trust Services (Hong Kong) Limited to instruct its wholly-owned subsidiary Three D Partners Limited to use the withheld shares, which were originally used to meet the personal income tax obligations incurred by scheme participants as a result of the restricted share units. As amended, these shares will be made available for transfer in order to fulfill the exercise of the restricted share units. The Board considers that the amendments will not affect the existing rights of the participants in the scheme or adversely affect the interests of shareholders and therefore do not need to be submitted for approval by the General Meeting. AS THE COMPANY WILL NOT ISSUE NEW SHARES, THE REVISED PLAN DOES NOT CONSTITUTE A SHARE PLAN INVOLVING THE ISSUANCE OF NEW SHARES BUT IS SUBJECT TO THE RELEVANT DISCLOSURE PROVISIONS OF THE LISTING RULES.