NetDragon clarifies 360,000 share award grant to executive director Dr. Leung

• NetDragon issued a supplemental clarification to its 2025 annual report on a share award grant to executive director Dr. Leung Lim Kin Simon.
• Grant dated April 2, 2025: 360,000 awarded shares at nil purchase price, vesting in three equal tranches on grant date plus first and second anniversaries.
• Only 120,000 shares vested immediately; remaining tranches depend on continued employment and satisfactory annual appraisal tied to business and financial targets.
• Unvested awards lapse if employment ends, the employing unit leaves the group, or the company enters winding-up.
• NetDragon said the grant stayed below a 1% issuance cap over the prior 12 months; remuneration committee backed alignment with the 2024 Share Award Scheme.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NetDragon Websoft Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260811-12279612), on August 11, 2026, and is solely responsible for the information contained therein.