371 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2025 06 / FINANCIAL STATEMENTS 01 02 03 04 05 07 08 09 55. EQUITY COMPENSATION BENEFITS Kenanga Group’s Employees’ Share Scheme The Bank has established and implemented an ESS for the employees of the Bank and its non-dormant subsidiary companies. The ESS consists of two types of awards in the form of ESOS and ESGP. (1) ESOS Under the ESOS award, the ESS Committee may, within the period of the Scheme and at its discretion, offer to the eligible employees a certain number of ESOS options to subscribe for the Bank’s shares at the respective exercise prices subject to the applicable terms and conditions of the by-laws. Subject to acceptance, the participants will be vested with the options, which may then be exercised within a period of three years, provided that all the vesting conditions are fulfilled. Key features of the ESOS awards since the beginning of the scheme until the end of the current financial year are as follow: First offer Offer date Vesting date Number of options vested (‘000) Exercise price (RM) 2.1.2018 1.3.2018 2,218 0.575 2.1.2018 2.5.2019 13,320 0.575 2.1.2018 1.7.2020 12,231 0.575 2.1.2018 1.12.2020 224 0.575 2.1.2018 2.8.2021 16,560 0.575 2.1.2018 28.10.2021 300 0.575 Second offer Offer date Vesting date Number of options vested (‘000) Exercise price (RM) 31.5.2018 2.5.2019 3,000 0.630 31.5.2018 1.7.2020 3,000 0.630 31.5.2018 2.8.2021 4,000 0.630 Third offer Offer date Vesting date Number of options vested (‘000) Exercise price (RM) 2.5.2019 1.6.2019 386 0.605 2.5.2019 1.7.2020 1,404 0.605 2.5.2019 2.8.2021 1,325 0.605 2.5.2019 1.9.2022 1,272 0.605
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