ENRA Group Berhad | Annual Report 2022 71 ADDITIONAL COMPLIANCE INFORMATION MATERIAL CONTRACTS INVOLVING INTERESTS OF THE DIRECTORS OR MAJOR SHAREHOLDERS OF THE COMPANY There were no material contracts entered into by the Group involving the interest of the directors and major shareholders of the Company, which were still subsisting as at the end of financial year or which were entered into since the end of the previous financial year. EMPLOYEES SHARE SCHEME (“ESS”) The Company’s ESS comprising an employees’ share option scheme and an employees’ share grant plan was approved by the shareholders at the EGM held on 9 February 2018. The ESS came into effect on 12 February 2018 and shall be in force until 12 February 2028. The ESS is the only share scheme of the Company in existence during the financial year ending 31 March 2022. On 1 June 2022, ENRA made an offer of 6,100,000 ESOS Options under the ESS ("1st Award”) to the eligible directors and employees of ENRA and its subsidiaries, of which 3,200,000 ESOS Options were allocated to the Board of ENRA. As at 16 June 2022, none of the ESOS Options under the 1st Award have been accepted yet and, as such, no option or share grant has been awarded to any person pursuant to the ESS.
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