KENANGA ANNUAL REPORT 2020

327 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD 55. EQUITY COMPENSATION BENEFITS (CONT’D.) Kenanga’s Group Employees’ Share Scheme (“ESS”) (cont’d.) (1) ESOS (cont’d.) ESOS Third Offer 2020 Offer date Opening Movement during the financial year Outstanding As at 1.1.2020 Granted Exercised Forfeited/ Cancelled As at 31.12.2020 02.05.2019 5,377,000 - 793,000 298,500 4,285,500 WAEP (RM) 0.605 - 0.605 0.605 0.605 2019 Offer date Opening Movement during the financial year Outstanding As at 1.1.2019 Granted Exercised Forfeited As at 31.12.2019 02.5.2019 - 5,681,000 - 304,000 5,377,000 WAEP (RM) N/A 0.605 - - 0.605 ESOS Fourth Offer 2020 Offer date Opening Movement during the financial year Outstanding As at 1.1.2020 Granted Exercised Forfeited As at 31.12.2020 17.06.2019 750,000 - 225,000 - 525,000 WAEP (RM) 0.595 - 0.595 - 0.595 2019 Offer date Opening Movement during the financial year Outstanding As at 1.1.2019 Granted Exercised Forfeited As at 31.12.2019 17.06.2019 - 750,000 - - 750,000 WAEP (RM) N/A 0.595 - - 0.595 ESOS Fifth Offer 2020 Offer date Opening Movement during the financial year Outstanding As at 1.1.2020 Granted Exercised Forfeited/ Cancelled As at 31.12.2020 01.07.2020 - 3,311,000 202,000 65,000 3,044,000 WAEP (RM) N/A 0.580 0.580 0.580 0.580