CG SERVICES (06098) Caina Technology Rewards Program

CG SERVICES (06098) announced that the company has launched the Caina Technology Incentive Plan on November 18, 2024, whereby the board of directors may select employees to compete for stock rewards. The board of directors may also select service providers to participate in the plan. The Caina Technology Incentive Plan aims to: motivate key talents who will play a significant role in the future operations and development of the company; reward selected participants who have made contributions to the company. During the incentive plan period, the company will provide a total of no more than RMB 1 billion or its equivalent in Hong Kong dollars to trustees to purchase shares. The maximum number of shares that can be granted under the stock reward plan shall not exceed 109 million shares, which is approximately 3.26% of the company's issued share capital as of the adoption date. The maximum number of reward shares that can be granted to a selected participant under the stock reward plan shall not exceed 33.43 million shares (approximately 1% of the company's issued share capital as of the adoption date).