NaaS Technology Inc. Announces Amendment of Share Incentive Plan

Group 1 - NaaS Technology Inc. has amended its 2022 Share Incentive Plan to increase the number of Class A ordinary shares available for awards from 413,921,180 to 490,563,333 [1] - The amendment was approved by the board of directors and took effect on December 20, 2023 [1] - The number of shares available for grant will increase annually by 1% of the total shares issued and outstanding as of the last day of the preceding fiscal year, unless otherwise determined by the board [1] Group 2 - NaaS Technology Inc. is the first U.S. listed EV charging service company in China and is a subsidiary of Newlinks Technology Limited [2] - The company provides comprehensive EV charging solutions, including online and offline charging, and has connected 767,611 chargers across 73,710 charging stations [2] - NaaS holds a 41.6% market share in China's public charging market for chargers and a 50.0% market share for charging stations as of September 30, 2023 [2]