Reference is made to the announcement made on 30 December 2025 in relation to the award of additional share grant pursuant to the LTIP to Executive Director and cancellation of share options. We wish to inform that the number of cancelled share options mentioned in the announcement was incorrectly stated as “66,477,200”. The correct number of cancelled share option should be “71,477,200”.
Appended below the announcement with the amendment incorporated.
The Board of Directors of Propel Global Berhad (“PGB” or “the Company”) wishes to announce that the Company has today :
1.made the following additional award of share grant to the Executive Director/Group Chief Executive Officer, the details of which are set out below, and
2.cancelled the 71,477,200 share options that were granted at the exercise price of RM0.155 per share. The share option has yet to be vested to-date
Duration of LTIP : 7 October 2022 to 6 October 2027
Date of Grant : 30 December 2025
Number of Share Grant awarded : 5,207,500
Closure Market price of PGB share on the date of award : RM0.070
Vesting period of the Share Grant : 2 January 2026
This announcement is dated 9 February 2026.