SAMSONITE (01910): According to the stock incentive plan, restricted stock units exceeding 0.1% of the individual limit are proposed to be granted.

SAMSONITE (01910) announced that the Remuneration Committee (approved by independent non-executive directors) has proposed to grant restricted share units to the Chief Executive Officer of the Company in excess of the individual limit of 0.1% under the share incentive plan. The proposal will be deliberated and subject to approval by shareholders at the Annual General Meeting to be held on June 4, 2026. The Company also proposes to seek shareholder approval at the Annual General Meeting for certain revisions to the share incentive plan related to a potential dual listing, with the condition that such revisions will only take effect upon the completion of the potential dual listing and must be implemented thereafter. As the authorization for the issuance of new shares to directors for the potential dual listing of shares (in the form of American Depositary Shares) on the New York Stock Exchange is valid until the end of the Annual General Meeting, and given the uncertainty surrounding whether the potential dual listing can be completed by or before the Annual General Meeting due to current global market conditions, the Company will also seek shareholder approval to renew the authorization on the same terms. The renewed authorization (if approved by shareholders) will be valid until the earlier of: (i) completion of the potential dual listing (at which point it will automatically terminate) and (ii) the end of the Annual General Meeting to be held in 2027.