Conditional Share Awards

Conditional Share Awards

Serabi announces that on 27 March 2024 the Board of Directors agreed to award in aggregate 310,922 Conditional Share Awards to employees of the Company. None of the awards have been made to Directors of the Company The awards are part of the Company's normal compensation review for senior management and the issuance is made under the Serabi 2020 Restricted Share Plan (the “2020 Plan”) which was approved by shareholders on 16 June 2020 and adopted by the Board on 10 November 2020. Shareholders confirmed the Board’s continuing authority to make awards under the 2020 Plan at the Annual General Meeting held on 27 June 2023.