Issuer grants Options
The Issuer shall determine, at its sole discretion, if, when, and to whom Options are granted.
Grant Letter: minimum content
Each grant shall be documented in a written agreement between the Issuer and the Option Holder, which refers to and incorporates these Terms. Such agreement shall at least specify:
- the number of Options;
- the Grant Date;
- the Exercise Price.
Option Register
The Issuer shall maintain a register recording, for each Option Holder, the number of outstanding Options and, where applicable, the number of vested Options. Upon request, the Issuer shall make the register available for inspection by the relevant Option Holder, limited to their own data.
No shareholder rights prior to exercise
Holding Options does not confer any shareholder or depository receipt holder rights. Option Holders have no entitlement to dividends, voting rights, or any other financial or governance rights attached to shares until the Options have been validly exercised and the underlying (depository receipts of) shares have been delivered.
Expiration of offer upon non-acceptance
The Issuer may set a final acceptance date.
If no such date is specified, the offer automatically lapses six (6) months after the grant date.Last modified on June 23, 2026
