KENANGA ANNUAL REPORT 2020

325 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD 55. EQUITY COMPENSATION BENEFITS (CONT’D.) Kenanga’s Group Employees’ Share Scheme (“ESS”) (cont’d.) (1) ESOS (cont’d.) Details of share options granted under ESOS: Offer date Vesting date Number of options (‘000) Exercise price Number of exercisable options (‘000) Exercise period 02.01.2018 01.03.2018 2,218,000 0.575 758,500 01.03.2018-28.02.2021 02.01.2018 02.05.2019 14,161,500 0.575 8,994,000 02.05.2019-01.05.2022 02.01.2018 01.07.2020 14,161,500 0.575 9,023,500 01.07.2020-30.06.2023 02.01.2018 01.12.2020 224,000 224,000 01.12.2020-31.05.2021 02.01.2018 N/A * 18,658,000 0.575 N/A N/A 31.05.2018 02.05.2019 3,000,000 0.630 3,000,000 02.05.2019-01.05.2022 31.05.2018 01.07.2020 3,000,000 0.630 3,000,000 01.07.2020-30.06.2023 31.05.2018 N/A * 4,000,000 0.630 N/A N/A 02.05.2019 01.06.2019 386,000 0.605 189,000 01.06.2019-31.05.2022 02.05.2019 01.07.2020 1,588,500 0.605 768,000 01.07.2020-30.06.2023 02.05.2019 N/A * 3,706,500 0.605 N/A N/A 17.06.2019 01.07.2020 225,000 0.595 - 01.07.2020-30.06.2023 17.06.2019 N/A * 525,000 0.595 N/A N/A 01.07.2020 01.08.2020 356,000 0.580 154,000 01.08.2020-31.07.2023 01.07.2020 N/A * 2,955,000 0.580 N/A N/A * Based on 3-year cliff vesting from the offer date and performance metrics.