Kenanga Investment Bank Berhad Annual Report 2021 348 Our Sustainability Approach About This Report We Are Kenanga Message From Chairman and GMD 54. EQUITY COMPENSATION BENEFITS (CONT’D.) Kenanga’s Group Employees’ Share Scheme (“ESS”) (cont’d.) (1) ESOS (cont’d.) ESOS Third Offer Tranches of vesting: First tranche Second tranche Third tranche Fourth tranche Fair value of share options (RM) 0.1103 0.1251 0.1404 0.1535 Share price at offer date (RM) 0.580 0.580 0.580 0.580 Exercise price (RM) 0.605 0.605 0.605 0.605 Expected volatility (%) 28.10% 28.10% 28.10% 28.10% Risk free rate (%) 3.610% 3.610% 3.610% 3.610% Expected dividend yield (%) 1.80% 1.80% 1.80% 1.80% The exercise period is 3 years from vesting date. ESOS Fourth Offer Tranches of vesting: First tranche Second tranche Third tranche Fair value of share options (RM) 0.1188 0.1338 0.1467 Share price at offer date (RM) 0.570 0.570 0.570 Exercise price (RM) 0.595 0.595 0.595 Expected volatility (%) 27.90% 27.90% 27.90% Risk free rate (%) 3.460% 3.460% 3.460% Expected dividend yield (%) 1.80% 1.80% 1.80% The exercise period is 3 years from vesting date. ESOS Fifth Offer Tranches of vesting: First tranche Second tranche Third tranche Fourth tranche Fair value of share options (RM) 0.0981 0.102 0.1046 0.1038 Share price at offer date (RM) 0.550 0.550 0.550 0.550 Exercise price (RM) 0.580 0.580 0.580 0.580 Expected volatility (%) 29.450% 29.450% 29.450% 29.450% Risk free rate (%) 2.480% 2.480% 2.480% 2.480% Expected dividend yield (%) 7.220% 7.220% 7.220% 7.220% The exercise period is 3 years from vesting date. Notes to the Financial Statements 31 December 2021
RkJQdWJsaXNoZXIy NDgzMzc=