Victory Giant Technology (Huizhou) Co., Ltd. has tabled two equity-based remuneration programmes for shareholder approval at an upcoming extraordinary general meeting (EGM) on 20 July 2026.

Restricted A Share Incentive Scheme • Size and dilution: Up to 4.86 million A Shares (0.49 % of the 982.78 million share base) will be allocated, covering an initial 1,545 participants and a reserved pool. • Allocation: Management and core technical staff will receive 4.50 million shares (92.59 % of the grant). Eight directors/supervisors of subsidiaries are earmarked for 0.16 million shares (3.30 %). • Pricing: Grant price is set at RMB155.94 per share, payable by participants once vesting conditions are met. • Vesting: Initial grants vest 30 %/30 %/40 % over three tranches; reserved grants vest 50 %/50 %. The overall plan horizon is 48 months and is tied to company-wide and individual performance metrics. • Compliance: The scheme involves potential issuance of new A Shares and falls under Chapter 17 of the Hong Kong Listing Rules. Connected-person participation is fully exempt from additional shareholder approval under Rule 14A.92(3)(a).

2026 First Tranche A Share Employee Share Ownership Plan (ESOP) • Capital pool: Maximum subscription of RMB700 million, split evenly between employee self-funding and permitted financing. • Share source: All A Shares will be bought on the secondary market—no new issuance or treasury share sale. Based on the RMB241.50 closing price on 17 July 2026, the cap equates to roughly 2.90 million shares (0.29 % of share capital). • Participants: Up to 564 employees. Directors and senior management (4 individuals) may subscribe for up to 3.80 million units (5.43 % of total funds); other key personnel may take up to 66.20 million units (94.57 %). • Duration & lock-up: Plan term is 60 months with a 12-month lock-up on acquired shares. • Connected persons: Non-executive director Liu Chunlan, executive director Chen Yong and president Zhao Qixiang may subscribe for a combined 2.80 million units (4.00 %). As each individual’s transaction size is below 0.1 % of applicable percentage ratios, the ESOP is exempt from connected-transaction approval requirements. • Regulatory stance: The ESOP qualifies as a share scheme under Chapter 17 but, because it does not issue new shares, is subject only to disclosure under Rule 17.12.

Next steps Both programmes require shareholder endorsement at the forthcoming EGM; a detailed circular will be dispatched in due course. The board also seeks authorisation to implement and manage the schemes upon approval.