Extraordinary Group (00933) recommends terminating the existing stock purchase plan and adopting a new stock purchase plan.

Sinotrans Financial News APP, Extraordinary Holdings (00933) announced that the company adopted the existing stock option plan on January 18, 2021, with a validity period of 10 years. As of the date of this announcement, there are 378,851,333 stock options granted under the existing stock option plan that have not yet been exercised. In view of the revision of Chapter 17 of the Listing Rules, which has been effective since January 1, 2023, and in order to provide greater flexibility in granting stock options for long-term planning, as well as to provide appropriate incentives or rewards to eligible participants to recognize their contributions to the Group, the company proposes to terminate the existing stock option plan and adopt a new stock option plan to replace the existing one. A ordinary resolution will be submitted at the shareholders' meeting to approve the termination of the existing stock option plan and the adoption of the new stock option plan.