Glonghui, May 2, 丨 Wynn Macau (01128.HK) announced that on May 2, 2024, the company awarded incentives to 347 employees of the Group in accordance with its employee share ownership plan to subscribe for a total of 920,893 common shares with a face value of HK$0.001 per share in the company's share capital, accounting for approximately 0.02% of the company's issued share capital at the date of this announcement.

The employee share ownership scheme aims to (i) establish common interests for eligible participants and the company and its shareholders as a whole; (ii) motivate and attract eligible participants to enhance the value of the company and its shares for the benefit of the company and eligible participants; and (iii) recognize and encourage eligible participants to contribute to the long-term growth and profit of the Group. The Company's Remuneration Committee believes that awarding rewards and arranging a shorter vesting period is appropriate and in line with market practice and the purpose of employee share ownership plans.