348 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 Additional Information We Are Kenanga Message From Our Leaders Our Sustainability Approach How We Are Governed Financial Statements Shareholders’ Information 54. EQUITY COMPENSATION BENEFITS (CONT’D.) Kenanga’s Group Employees’ Share Scheme (“ESS”) (cont’d.) (1) ESOS (cont’d.) ESOS Fourth Offer 2022 Offer date Opening As at 1.1.2022 Movement during the financial year Outstanding As at 31.12.2022 Granted Exercised Forfeited / Cancelled 17.06.2019 - - - - - WAEP (RM) - - - - - 2021 Offer date Opening As at 1.1.2021 Movement during the financial year Outstanding As at 31.12.2021 Granted Exercised Forfeited / Cancelled 17.06.2019 525,000 - 225,000 300,000 - WAEP (RM) 0.595 - 0.595 0.595 - ESOS Fifth Offer 2022 Offer date Opening As at 1.1.2022 Movement during the financial year Outstanding As at 31.12.2022 Granted Exercised Forfeited / Cancelled 01.07.2020 2,579,500 - 429,500 304,500 1,845,500 WAEP (RM) 0.580 - 0.580 0.580 0.580 2021 Offer date Opening As at 1.1.2021 Movement during the financial year Outstanding As at 31.12.2021 Granted Exercised Forfeited / Cancelled 01.07.2020 3,044,000 - 255,500 209,000 2,579,500 WAEP (RM) 0.580 - 0.580 0.580 0.580
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