China Kingstone Mining announced the award of equity incentives on 15 June 2026 under two existing schemes:

• Share options: 9.27 million options (1.79% of issued share capital) were granted to three full-time employees. Each option entitles the holder to subscribe for one ordinary share at HK$0.566, matching the higher of the 15 June closing price (HK$0.56), the five-day average (HK$0.566) and the HK$0.01 par value. The options vest immediately, carry no performance targets, require total acceptance consideration of HK$1.00 and are exercisable within one year of the grant date.

• Award shares: 1.00 million shares (0.19% of issued share capital) were granted to one full-time employee at no cost, subject to a 12-month time-based vesting schedule (15 June 2026–14 June 2027). The award is governed by a claw-back mechanism covering fraud, misconduct, bankruptcy and other specified events. No performance targets apply.

The Board and Remuneration Committee approved both grants, citing recognition of past contributions and retention of key talent. Post-grant, 413 shares remain available under the 2020 Option Scheme mandate limit, while 15.13 million shares remain under the 2025 Award Scheme, including 3.94 million shares reserved for service providers.

None of the grantees is a director, chief executive, substantial shareholder or associate, and no individual exceeds the Listing Rules’ 1% grant limit. No shareholder approval is required, and the Group has provided no financial assistance for the acquisition of shares linked to these awards.