BLACK SESAME (02533): Certain core employees plan to increase their shareholding in the Company

BLACK SESAME (02533) announced that the Board of Directors of the Company has been informed that certain core employees of the Company, based on their confidence in the Group's future development prospects and their recognition of the Company's long-term investment value, intend to increase their shareholding in the Company's ordinary shares in the open market using their own funds before the end of November 2026. Except for one core employee who, due to serving as a director of a subsidiary of the Company, constitutes a connected person of the Company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the remaining core employees are not connected persons of the Company. Pursuant to the shareholding increase plan, the core employees intend to increase their shareholding at a total consideration of between HK$40 million and HK$50 million in aggregate. The Board believes that the shareholding increase plan reflects the core employees' firm confidence in the Group's long-term development prospects and their full recognition of the Company's value.