KAREN HOLDINGS CO., LTD.: ANNOUNCEMENT REGARDING COMPLETION OF INITIAL GRANT REGISTRATION OF RESTRICTED SHARES UNDER THE 2026 RESTRICTED STOCK INCENTIVE PLAN

Securities Daily News reported that on March 19, Karen Co., Ltd. announced that the company has completed the initial grant registration of restricted stocks for the 2026 restricted stock incentive plan. The listed date for this grant of restricted stocks is March 19, 2026; the registered number of restricted stocks granted is 6.32 million shares; the grant price is 5.98 yuan per share; the number of registered grantees is 125; and the source of the restricted stocks is the company’s repurchased A-shares from the secondary market.

(Editor: Ren Shibi)

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