According to the announcement released by Tiantu Investment (01973) on the board meeting held on June 13, 2024, the board of directors has proposed to adopt the 2024 H-share incentive plan. Therefore, the board of directors (or committee) should select or determine the number and conditions of eligible participants who will be granted the rewards. The trustee shall purchase the corresponding reward shares according to the plan rules.

According to the 2024 H-share incentive plan, the upper limit of H-shares that can be granted during the entire plan period shall not exceed 10% of the number of H-shares already issued by the company on the adoption date.

It is proposed that the board of directors and committee serve as the institutions with the authority to manage the 2024 H-share incentive plan.