Yadea Holdings Limited announced on June 17, 2024 that the board of directors has decided to revise the implementation of its share incentive plan. Under the revision, the company will stop granting shares through new share issuances and will instead execute the share incentive plan by purchasing existing shares on the market at prevailing prices. This revision does not require shareholder approval, and the other terms of the share incentive plan remain unchanged. This will make the share incentive plan a share plan that involves the issuance of existing shares as described in the listing rules and must comply with applicable listing rules.

Yadea Holdings Limited announced on June 17, 2024 that the board of directors has decided to revise the implementation of its share incentive plan. Under the revision, the company will stop granting shares through new share issuances and will instead execute the share incentive plan by purchasing existing shares on the market at prevailing prices. This revision does not require shareholder approval, and the other terms of the share incentive plan remain unchanged. This will make the share incentive plan a share plan that involves the issuance of existing shares as described in the listing rules and must comply with applicable listing rules.