Apollo Intelligent Transportation Group Limited ("the Company") announced that on June 6, 2024, a total of 58,000,000 share options were granted to 11 employees and 5 directors ("Grantees") under its share option scheme, to subscribe for the same number of shares of the company's share capital. The exercise price of each share option is HKD 0.68, which is higher than the face value of HKD 0.01 per share and the average closing price of the last five business days prior to the grant date. The exercise period of the share options is until June 5, 2034, with no performance targets attached. The scheme aims to reward employees who have contributed to the company's performance and attract and retain key talents. The board of directors includes Chairman and Executive Director Mr. Xu Jinying and other executive and independent non-executive directors. The granted share options were approved by independent non-executive directors and did not provide any financial assistance to Grantees to purchase shares.

Apollo Intelligent Transportation Group Limited ("the Company") announced that on June 6, 2024, a total of 58,000,000 share options were granted to 11 employees and 5 directors ("Grantees") under its share option scheme, to subscribe for the same number of shares of the company's share capital. The exercise price of each share option is HKD 0.68, which is higher than the face value of HKD 0.01 per share and the average closing price of the last five business days prior to the grant date. The exercise period of the share options is until June 5, 2034, with no performance targets attached. The scheme aims to reward employees who have contributed to the company's performance and attract and retain key talents. The board of directors includes Chairman and Executive Director Mr. Xu Jinying and other executive and independent non-executive directors. The granted share options were approved by independent non-executive directors and did not provide any financial assistance to Grantees to purchase shares.