NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 353 OUR SUSTAINABILITY APPROACH HOW WE ARE GOVERNED FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION ADDITIONAL INFORMATION 55. EQUITY COMPENSATION BENEFITS (CONT’D.) Kenanga Group’s Employees’ Share Scheme (cont’d.) (1) ESOS (cont’d.) The following table illustrates the number and weighted average exercise price (“WAEP”) of, and movement in, share options during the financial year: ESOS First Offer 2023 Offer date Opening Movement during the financial year Outstanding As at 1.1.2023 Granted Exercised Forfeited/ Cancelled As at 31.12.2023 02.01.2018 3,603,500 - 110,000 137,500 3,356,000 WAEP (RM) 0.575 - 0.575 0.575 0.575 2022 Offer date Opening Movement during the financial year Outstanding As at 1.1.2022 Granted Exercised Forfeited/ Cancelled As at 31.12.2022 02.01.2018 15,053,500 - 11,386,500 63,500 3,603,500 WAEP (RM) 0.575 - 0.575 0.575 0.575 ESOS Second Offer 2023 Offer date Opening Movement during the financial year Outstanding As at 1.1.2023 Granted Exercised Forfeited/ Cancelled As at 31.12.2023 31.05.2018 7,000,000 - 1,000,000 2,000,000 4,000,000 WAEP (RM) 0.630 - 0.630 0.630 0.630 2022 Offer date Opening Movement during the financial year Outstanding As at 1.1.2022 Granted Exercised Forfeited/ Cancelled As at 31.12.2022 31.05.2018 7,000,000 - - - 7,000,000 WAEP (RM) 0.630 - - - 0.630
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