CORPORATE GOVERNANCE REPORT Rex International Holding Limited 135 Mrs Lina Berntsen, Chief Technology Officer, is the daughter of substantial shareholder, Mr Hans Lidgren, sister of Non-Independent Non-Executive Director, Dr Mathias Lidgren, niece of substantial shareholder Dr Karl Lidgren, and cousin of the CEO, Mr Måns Lidgren. Mrs Lina Berntsen’s remuneration for FY2025 was in the band of S$100,001 to S$200,000. Mr Martin Lidgren, Technology Specialist at Equus Consulting AB, a wholly-owned subsidiary of Rex Technology Investments Pte. Ltd., is the son of substantial shareholder Dr Karl Lidgren, brother of the CEO, Mr Måns Lidgren, nephew of substantial shareholder, Mr Hans Lidgren and cousin of NonIndependent Non-Executive Director, Dr Mathias Lidgren. Mr Martin Lidgren’s remuneration for FY2025 was in the band of S$100,001 to S$200,000. Mr Magnus Lidgren, Technology Specialist at Equus Consulting AB, a wholly-owned subsidiary of Rex Technology Investments Pte. Ltd., is the brother of substantial shareholder Dr Karl Lidgren and substantial shareholder Mr Hans Lidgren, and uncle of Non-Independent Non-Executive Director, Dr Mathias Lidgren, and the CEO, Mr Måns Lidgren. Mr Magnus Lidgren’s remuneration for FY2025 was in the band of S$100,001 to S$200,000. Save for the aforementioned, there is no other employee of the Company who is a substantial shareholder of the Company or an immediate family member of a Director, the CEO or a substantial shareholder of the Company, whose remuneration exceeded S$100,000 during FY2025. 8.3 Employee Share Scheme Rex International Employee Share Option Scheme (“ESOS”) The Company has an ESOS which was approved by shareholders at an EGM of the Company on 28 September 2023. The ESOS is designed to reward valuable and outstanding employees or Non-Executive Directors (excluding Independent Directors), and incentivise them to continue contributing to the long-term growth and success of the Group. The ESOS allows for participation by employees or controlling shareholders and their associates of the Group who have attained the age of 21 years and above on or before the date of grant of the option, provided that none of them is an undischarged bankrupt and has entered into a composition with his/her creditor(s). Independent Directors are not eligible to participate in the ESOS. The ESOS is administered by the RC in consultation with the CEO. Please refer to Provision 6.2 for the members of the RC. The total number of new shares over which options may be granted pursuant to the ESOS, when added to the number of shares issued and issuable in respect of all options granted under the ESOS and all awards granted under any other share option, share incentive, performance share or restricted share plan implemented by the Company and for the time being in force, shall not exceed 15 per cent of the number of all issued shares of the Company (excluding treasury shares), on the day preceding the date of the relevant grant.
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