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TOTM TECHNOLOGIES LIMITED — Share Issue/Capital Change 2026
Mar 12, 2026
67406_rns_2026-03-12_23ffef5d-c24e-48e7-8f87-0d718526aae7.pdf
Share Issue/Capital Change
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TOTM TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 201506891C)
GRANT OF SHARE AWARDS UNDER THE TOTM TECHNOLOGIES PERFORMANCE SHARE PLAN 2021
Unless otherwise defined, all capitalised terms shall bear the same meanings as ascribed to them in the Circular.
The board of directors (the “ Board ” or the “ Directors ”) of TOTM Technologies Limited (the “ Company ”, together with the subsidiaries, the “ Group ”) refers to the Company’s circular dated 25 February 2026 in relation to the grant of up to 25,000,000 share awards (“ Awards ”) under the PSP 2021 to each of Mr. Chan Wei Jie, Mr. Mohit Kapadiya, and Mr. Ong Kok Chung (“ Circular ”) and announcement dated 12 March 2026 in relation to result of EGM.
Pursuant to Rule 704(32) of the Catalist Rules, the Board wishes to announce that the Company has today granted Awards pursuant to the PSP 2021. Details of the grant of Awards are as follows:
Date of grant of Awards : 12 March 2026 Exercise price : Not applicable Number of shares which : Up to 75,000,000 Shares, split into Tranche A (up to 37,500,000 are the subject of the Shares) and Tranche B (up to 37,500,000 Shares) Awards granted Market price of the shares : S$0.023 per share on the date of grant of Awards Number of shares which : Not applicable are the subject of the Awards granted to each director and controlling shareholders (and each of their associates) Vesting period of Awards : Tranche A : The Awards vest on a straight-line monthly basis as follows: (a) 1 October 2025 to 31 August 2026: 1,041,667 ordinary shares per month.
(b) 1 September 2026 to 30 September 2026: 1,041,663 ordinary shares.
Notwithstanding the Vesting Period, ordinary shares shall be delivered on 30 April 2026 and 30 October 2026.
Tranche B : Based on the Performance Conditions within the Performance Period.
Notwithstanding the Vesting Period, ordinary shares shall be delivered on 30 April 2026, 30 October 2026, 30 April 2027 and 29 October 2027.
BY ORDER OF THE BOARD
Mr. Pierre Prunier Executive Director
12 March 2026
This announcement has been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited (the “ Sponsor ”).
This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “ SGX-ST ”) and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 83 Clemenceau Avenue, #10-01 UE Square, Singapore 239920, telephone (65) 6590 6881.