Vision Values Holdings Ltd. — Capital/Financing Update 2026

May 7, 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.

VISION VALUES HOLDINGS LIMITED

遠見控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 862)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The board of directors (the "Board") of Vision Values Holdings Limited (the "Company") announces that on 7 May 2026, the Company offered to grant 103,700,000 share options (the "Share Options") to certain eligible participants (the "Grantee(s)") under the share option scheme of the Company adopted on 29 November 2021 ("2021 Share Option Scheme"), to subscribe for a total of 103,700,000 ordinary shares of HK$0.01 each in the capital of the Company (the "Shares"). Details of the Share Options are set out below:

Date of offer : 7 May 2026

Date of grant : When the Company receives the acceptance of offer from the Grantee(s)

Exercise price of the Share Options : HK$0.0476 per Share, representing the highest of the following:

(i) the closing price of HK$0.046 per Share as set out in the Daily Quotation Sheet of the Stock Exchange on the offer date;

(ii) the average closing price of HK$0.0476 per Share as set out in the Daily Quotation Sheet of the Stock Exchange for the five business days immediately preceding the offer date; and

(iii) HK$0.01 per share, being the par value of the Share

Closing market price of the Shares on the date of offer of Share Options : HK$0.046 per Share

Share Options offered : 103,700,000 share options, which will be vested to the Grantees in one tranche

The validity period of the Share Options : From the date of grant to 6 May 2036 (both days inclusive)

Vesting timetable of the Share Options : The period from 7 May 2027 to 6 May 2036 (both days inclusive) during which they could be vested and become exercisable

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Performance target
: There is no performance target attached to the Share Options granted. The purpose of the 2021 Share Option Scheme is to recognise and acknowledge the contributions that the eligible participants have made or may make to the Company and its subsidiaries (the "Group"), and to motivate the eligible participants to optimise their performance and efficiency for the benefit of the Group, as well as to attract and retain the eligible participants whose contributions are, will or are expected to be beneficial to the Group. The number of Share Options to be granted is based on the work performance and potential contributions of the Grantee and no additional performance target is imposed before the Share Options are vested to the Grantee. Further, the vesting period of the Share Options can safeguard the interest of the Group to allow the Group to retain the relevant employee to make contributions to the Group. In view of the above, the remuneration committee of the Company considered the grant of Share Options aligned with the purpose of the 2021 Share Option Scheme.

Clawback mechanism
: All Share Options are subject to clawback mechanism as already set out in the existing terms of the 2021 Share Option Scheme. Under the terms of the 2021 Share Option Scheme, if a Grantee ceases to be an eligible participant of the Group by reason of the termination of his or her relationship with the Group as a result of the Grantee (i) being guilty of serious misconduct; (ii) having committed an act of bankruptcy or has become insolvent or has made any arrangements or composition with his or her creditors generally; or (iii) having been convicted of any criminal offence involving his or her integrity or honesty; any unexercised share option held by such Grantee shall lapse on the date of cessation and not be exercisable.

Financial support
: The Group has not provided any financial assistance to the Grantee(s) to facilitate the purchase of Shares under the 2021 Share Option Scheme.

Among the 103,700,000 share options to be granted, 42,900,000 were offered to the following directors of the Company (the "Directors") and an associate of the Chairman, allocated as follows:

Name	Position	Number of share options to be granted	Approximate percentage of the total number of Shares issued
Mr. Lo Lin Shing, Simon	Chairman and Executive Director	3,900,000	0.10%
Mr. Ho Hau Chong, Norman	Executive Director	3,900,000	0.10%
Ms. Yvette Ong	Executive Director	3,900,000	0.10%

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Mr. Lo, Rex Cze Kei	Executive Director	3,900,000	0.10%
Mr. Lo, Chris Cze Wai	Executive Director	3,900,000	0.10%
Mr. Lo, James Cze Chung	Executive Director	3,900,000	0.10%
Mr. Lau Wai Piu	Independent non-executive Director	3,900,000	0.10%
Mr. Lee Kee Wai, Frank	Independent non-executive Director	3,900,000	0.10%
Mr. Tsui Hing Chuen, William JP	Independent non-executive Director	3,900,000	0.10%
Mr. Wei, Chi Kuan Kenny	Independent non-executive Director	3,900,000	0.10%
Ms. Lo, Lois Yick Sze	Associate (a director of a subsidiary and daughter of the Chairman)	3,900,000	0.10%

The grant of Share Options to the above Directors has been approved by the independent non-executive Directors pursuant to Rule 17.04(1) of the Listing Rules and the Board. Each of the above Directors has abstained from voting in respect of the grant of Share Options to him/her.

The remaining 60,800,000 share options were offered to the employees of the Group and directors of the subsidiaries of the Company. To the best of the Directors' knowledge, information and belief having made all reasonable enquiry, as of the date of this announcement, save as disclosed above, the Grantee is not (i) a director, chief executive or substantial shareholder of the Company or an associate (as defined under the Listing Rules) of any of them; (ii) a participant with Share Options granted and to be granted exceeding the $1\%$ individual limit under the Listing Rules; or (iii) a related entity participant or a service provider (as defined under the Listing Rules) of the Company. The above grant would not result in the share options granted and to be granted to the 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. The grant of Share Options is not subject to approval by the Shareholders.

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NUMBER OF SHARES AVAILABLE FOR FUTURE GRANT

The maximum number of Shares in respect of which share options may be granted under the 2021 Share Option Scheme shall not exceed 10% of the issued share capital of the Company as of the date of adoption of the 2021 Share Option Scheme, being 392,419,046 Shares. Immediately upon completion of the grant of Share Options, the number of shares options which can further be granted pursuant to the 2021 Share Option Scheme is 132,719,046.

By Order of the Board
Vision Values Holdings Limited
Tang Chi Kei
Company Secretary

Hong Kong, 7 May 2026

As at the date of this announcement, the Board comprises ten Directors including Mr. Lo Lin Shing, Simon, Mr. Ho Hau Chong, Norman, Ms. Yvette Ong, Mr. Lo, Rex Cze Kei, Mr. Lo, Chris Cze Wai and Mr. Lo, James Cze Chung as executive Directors, Mr. Tsui Hing Chuen, William JP, Mr. Lau Wai Piu, Mr. Lee Kee Wai, Frank and Mr. Wei, Chi Kuan Kenny as independent non-executive Directors.