Annual Report 2025

170 Transport International Holdings Limited 2025 Annual Report DIRECTORS’ REPORT Equity-linked agreement (continued) Share option scheme (the “Scheme”) (continued) Number of share option Outstanding as at 1 January 2025 Granted during the year Exercised during the year Cancelled during the year Lapsed during the year Outstanding as at 31 December 2025 Date granted Period during which options are exercisable Exercise price per share Market value per share at date of grant of options* Market value per share on exercise of options # Directors Roger LEE Chak Cheong 400,000 – – – (400,000) – 19 November 2020 19 November 2021 to 18 November 2025 (note 1) HK$15.32 HK$15.32 – 450,000 – – – (450,000) – 19 November 2020 19 November 2021 to 18 November 2025 (note 2) HK$15.32 HK$15.32 – 430,000 – – – – 430,000 31 March 2023 31 March 2024 to 30 March 2028 (note 3) HK$10.60 HK$10.60 – 470,000 – – – – 470,000 31 March 2023 31 March 2024 to 30 March 2028 (note 4) HK$10.60 HK$10.60 – Norman LEUNG Nai Pang 450,000 – – – (450,000) – 19 November 2020 19 November 2021 to 18 November 2025 (note 1) HK$15.32 HK$15.32 – 470,000 – – – – 470,000 31 March 2023 31 March 2024 to 30 March 2028 (note 3) HK$10.60 HK$10.60 – John CHAN Cho Chak 425,000 – – – (425,000) – 19 November 2020 19 November 2021 to 18 November 2025 (note 1) HK$15.32 HK$15.32 – 450,000 – – – – 450,000 31 March 2023 31 March 2024 to 30 March 2028 (note 3) HK$10.60 HK$10.60 – Raymond KWOK Ping Luen 400,000 – – – (400,000) – 19 November 2020 19 November 2021 to 18 November 2025 (note 1) HK$15.32 HK$15.32 – 430,000 – – – – 430,000 31 March 2023 31 March 2024 to 30 March 2028 (note 3) HK$10.60 HK$10.60 –