IGG Inc — Share Issue/Capital Change 2026

Apr 8, 2026

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

IGG INC

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 799)

GRANT OF RESTRICTED SHARES UNDER THE SHARE INCENTIVE SCHEME

This announcement is made pursuant to Rules 17.06A, 17.06B and 17.06C of the Listing Rules.

GRANT OF RESTRICTED SHARES

On 8 April 2026, the Board resolved to grant a total of 1,412,530 Restricted Shares, representing approximately 0.12% of the total issued Shares as at the date of this announcement (excluding treasury shares (as defined in the Listing Rules)) to 42 Grantees under the Share Incentive Scheme, subject to acceptance of the Grantees.

The following are the details of the Restricted Shares granted:

Date of Grant: 8 April 2026

Number of Grantees: 42 (all are employees of the Group)

Number of Restricted Shares granted: 1,412,530

Purchase price for the Restricted Shares granted: Nil

Market price of the Shares on the Date of Grant: HK$3.62 per Share, based on the closing price as quoted on the Stock Exchange on the Date of Grant

Vesting period: The 1,412,530 Restricted Shares granted to the Grantees shall vest in the Grantees as follows:

Number of Restricted Shares	Vesting Date
706,265	On 8 April 2027
706,265	On 8 April 2028

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Performance targets:
There is no performance target setting as a prerequisite for the Grant, which aligns with the purpose of the Share Incentive Scheme in terms of rewarding employees for their past contribution to the Group

Clawback mechanism:
The Restricted Shares granted are subject to the clawback mechanism set out in the terms of the Share Incentive Scheme. Pursuant to the scheme rules, the Board may, at its absolute discretion, determine that any outstanding Restricted Shares (or proceeds from exercise/ disposition of Shares acquired under such Restricted Shares) be forfeited, clawed back, or disgorged to the Company (with interest and related earnings), under the circumstances that:

• the Grantee violates any agreement, company policies, or applicable laws;
• the Grantee engages in misconduct, such as (i) misuse or unauthorized disclosure of the Group's confidential information or trade secrets; (ii) breach of contract or fiduciary duties to the Group; or (iii) conduct detrimental to the Group; or
• the Grantee is convicted of any criminal offence involving integrity or honesty, or in other circumstances (including causing material misstatement in the Company's financial statements) as the Board determines.

There are no arrangements for the Company or any of its subsidiaries to provide financial assistance to any of the Grantees to facilitate the purchase of Shares under the Share Incentive Scheme.

GENERAL INFORMATION

The above Grants would not result in the Options and Restricted Shares granted and to be granted to (i) each individual Grantee in the 12-month period up to and including the date of such grant in aggregate to exceed 1% of the Shares in issue (excluding treasury shares); or (ii) each related entity participant (as defined in the Listing Rules) or service provider (as defined in the Listing Rules) in the 12-month period up to and including the date of such grant in aggregate to exceed 0.1% of the Shares in issue (excluding treasury shares). None of the Grants will be subject to approval by the Shareholders and none of the above Grantees is a Director, chief executive or substantial shareholder (as defined in the Listing Rules) of the Company or an associate (as defined in the Listing Rules) of any of them or a senior manager (as defined in the Listing Rules) of the Company as at the date of this announcement.

NUMBER OF SHARES AVAILABLE FOR FUTURE GRANT UNDER THE SHARE INCENTIVE SCHEME

The above Grants will be satisfied by issue of new Shares and/or transfer of treasury shares within the Scheme Mandate Limit. After the above Grants of Restricted Shares, a total of 118,388,129 Shares will be available for future grant under the Scheme Mandate Limit of the Share Incentive Scheme, and a total of 11,980,065 Shares will be available for future grant under the Service Provider Sublimit of the Share Incentive Scheme.

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DEFINITIONS

In this announcement, the following expressions shall have the following meanings unless the context requires otherwise:

"Award(s)" an award granted under the Share Incentive Scheme in the form of an Option or a Restricted Share

"Board" the board of Directors of the Company

"Company" IGG Inc, an exempted company incorporated in the Cayman Islands and whose shares are listed on the Stock Exchange

"Date of Grant" 8 April 2026

"Director(s)" director(s) of the Company

"Grant(s)" 1,412,530 Restricted Shares granted to the Grantees in accordance with the Share Incentive Scheme on the Date of Grant

"Grantee(s)" participants selected by the Board and entitled to be offered and granted Restricted Shares

"Group" the Company and its subsidiaries

"HK$" Hong Kong dollars, the lawful currency of Hong Kong

"Listing Rules" the Rules Governing the Listing of Securities on the Stock Exchange

"Option(s)" an option to subscribe for Shares granted pursuant to the Share Incentive Scheme

"Restricted Shares" award of Shares granted pursuant to the Share Incentive Scheme to selected participant(s)

"Service Provider Sublimit" the maximum number of Shares which may be issued in respect of all Awards to be granted to service providers under the Share Incentive Scheme and any other scheme(s) of the Company, being 11,980,065 Shares, which represented 1% of the total number of Shares in issue (excluding treasury shares) as at the date of the Shareholders' approval of the Service Provider Sublimit

"Scheme Mandate Limit" the maximum number of Shares which may be issued in respect of all Awards to be granted under the Share Incentive Scheme and any other scheme(s) of the Company, being 119,800,659 Shares, which represented 10% of the total number of Shares in issue (excluding treasury shares) as at the date of the Shareholders' approval of the Scheme Mandate Limit

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"Share(s)"
ordinary share(s) of US$0.0000025 each in the share capital of the Company

"Share Incentive Scheme"
the share incentive scheme adopted by the Company on 29 June 2023 and amended on 26 March 2025, the principal terms of which are summarized in the circular and announcement of the Company dated 28 April 2023 and 26 March 2025, respectively

"Shareholder(s)"
shareholder(s) of the Company

"Stock Exchange"
The Stock Exchange of Hong Kong Limited

"Subsidiary(ies)"
has the meaning ascribed thereto under the Listing Rules

By order of the Board
IGG INC
Zongjian Cai
Chairman

Hong Kong, 8 April 2026

As at the date of this announcement, the Board comprises five executive Directors, namely, Mr. Zongjian Cai, Mr. Yuan Xu, Mr. Hong Zhang, Ms. Jessie Shen and Mr. Feng Chen; one non-executive Director, namely, Mr. Yuan Chi; and three independent non-executive Directors, namely, Mr. Kam Wai Man, Ms. Feng Li and Mr. Tan Hup Foi.