REF HOLDINGS (01631) granted a total of 30.72 million stock options.

REF HOLDINGS (01631) announced that on July 3, 2026, the company has decided to make an offer to grant stock options to two participants under the stock option plan adopted by the company on June 29, 2026, to subscribe for a total of 30.72 million ordinary shares of the company with a par value of HK$0.01 per share, equivalent to 10% of the total number of shares issued as of the date of this announcement. Among the options granted, the right to subscribe for 16.72 million shares has been granted to Mr. Liu Wende, and the right to subscribe for 14.00 million shares has been granted to Ms. Zhao Heru. The grant of the stock options is subject to acceptance by the grantee and approval by the company's shareholders at a special meeting.