ESR IR 2021 - EN

27 ESR Interim Report 2021 Corporate Governance and Other Information (xi) Exercise price, grant date and vesting schedule Number of options Exercise price (USD) Grant date Vesting Period Held at 1 January 2021 Exercised during the period Cancelled during the period Held at 30 June 2021 0.2520 February 2014 All vested – – – – 0.4722 December 2017 Varies from 3 to 4 years and all vested 100,020 – – 100,020 0.9445 December 2017 4 years 8,455,886 (419,975) (272,930) 7,762,981 0.9445 January 2018 4 years 10,735,111 – – 10,735,111 1.1453 August 2018 4 years 873,103 – – 873,103 0.4722 February 2019 3 years 150,000 – – 150,000 0.9445 February 2019 3 years 103,080 (103,080) – – 1.3655 February 2019 4 years 948,494 – – 948,494 1.5172 February 2019 4 years 3,018,312 (407,020) – 2,611,292 0.9445 May 2019 Varies from 3 to 4 years and all vested 780,400 – – 780,400 1.5172 May 2019 4 years 626,146 – – 626,146 25,790,552 (930,075) (272,930) 24,587,547 No further options will be issued under the KM ESOP in the future. During the six months ended 30 June 2021, since all options holders opted for net share settlement method in lieu of paying in full the exercise price for the number of shares over which the option was exercised, only a net total of 498,279 ordinary shares were issued by the Company for the six months ended 30 June 2021 in satisfaction of the 930,075 options so exercised. The shares were issued at nominal value of US$0.001. 2. Tier 1 ESOP Below is a summary of the principal terms of the Tier 1 ESOP of the Company. The terms of the Tier 1 ESOP are not subject to the provisions of Chapter 17 of the Listing Rules. (i) Purpose The Tier 1 ESOP is intended to provide our Company with a flexible means of retaining, incentivizing, rewarding, remunerating, compensating and/or providing benefits to selected participants. By aligning the interests of selected participants with those of the Shareholders, participants will be encouraged and motivated to continue their efforts towards enhancing the value of the Company. The options were granted based on the performance of the option holders who have made important contributions to and are important to the long term growth and profitability of the Group. (ii) Selected participants WP OCIM One LLC (Note 1) , Laurels Capital Investments Limited (“ Laurels ”), and Redwood Consulting (Cayman) Limited (“ Redwood Consulting ”). Note: 1. By reference to the announcements dated 24 November 2020 and 30 December 2020, Laurels Capital Investments Limited entered into a sale and purchase agreement dated 23 December 2020 in respect of an acquisition of 30,000,000 shares of the Company and 3,899,928 options in respect of shares of the Company, both from WP OCIM One LLC.