ANGELALIGN: GRANT OF RESTRICTED SHARE UNITS UNDERTHE POST-IPO RSU SCHEME; ANDCLARIFICATION IN RELATION TO THE ANNUAL RESULTSANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2024

Angel Align Technology announced on March 21, 2025, that according to the Restricted Share Unit Plan following the initial public offering, 72,975 restricted share units equivalent to the same number of ordinary shares were granted to 50 employees. The grant price of these restricted share units is zero, and the closing price of the company’s shares on the day of the grant was HKD 63.85 per share.The vesting arrangement for the restricted share units is divided into two categories: 25,800 units will vest in four tranches on September 30 of 2025 to 2028, with proportions of 30%, 30%, 20%, and 20%; another 47,175 units will vest in three tranches on the anniversary of the grantee’s employment, with proportions of 50%, 25%, and 25%. The Board of Directors believes that this grant aims to recognize...Show More

Angel Align Technology announced on March 21, 2025, that according to the Restricted Share Unit Plan following the initial public offering, 72,975 restricted share units equivalent to the same number of ordinary shares were granted to 50 employees. The grant price of these restricted share units is zero, and the closing price of the company’s shares on the day of the grant was HKD 63.85 per share.The vesting arrangement for the restricted share units is divided into two categories: 25,800 units will vest in four tranches on September 30 of 2025 to 2028, with proportions of 30%, 30%, 20%, and 20%; another 47,175 units will vest in three tranches on the anniversary of the grantee’s employment, with proportions of 50%, 25%, and 25%. The Board of Directors believes that this grant aims to recognize employee contributions, motivate and retain talents, and closely link the interests of shareholders, the group, and grantees.The company also clarified the data in the earnings announcement for the fiscal year 2024 previously published, stating that the gross margin for the fiscal year 2024 is approximately $168.2 million, a year-on-year increase of 28.7%, with a gross margin of approximately 62.6%. As of the announcement date, there are still 1,478,931 shares available for future grants under this plan.