Company: GINT
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001213900-25-065552
Chunk: 153

Company: Gifts International Holdings Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 153
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 the total of four directors (including independent directors). Our board is well balanced and diversified in alignment with the business development and strategy of the Company. Outstanding Equity Awards at Fiscal Year-End As of March 31, 2024 and 2025, we had no outstanding equity awards. 106 2025 Share Incentive Plan We will adopt the Gifts International Holdings Limited 2025 Share Incentive Plan, or the 2025 Incentive Plan, upon the effectiveness of our registration statement on Form F -1, of which this prospectus is a part, to attract and retain best available personnel, provide additional incentives to employees, directors and consultants, and promote the success of our business. Under the 2025 Incentive Plan, the maximum aggregate number of Class A Ordinary Shares which may be issued pursuant to all awards (including incentive share options) will be [1,732,725] Class A Ordinary Shares (assuming the underwriters do not exercise their over -allotmentoption), representing 15% of the number of fully -dilutedClass A Ordinary Shares outstanding as of the date of our Company’s initial public offering. The following is a summarized description of the 2025 Incentive Plan. Capitalized terms not defined herein shall have the meaning given to them in the 2025 Incentive Plan. Administration The 2025 Incentive Plan will be administered by the administrator, our compensation committee. Subject to any specific designation in the 2025 Incentive Plan and the requirements of applicable laws, the administrator has the exclusive power, authority and sole discretion, to designate eligible individuals, to determine the type or types of awards to be granted to each eligible individual, and to determine the terms, conditions, restrictions and limitations of each equity award. Eligible Individual Individuals eligible to receive awards under the 2025 Incentive Plan will be an employee, a consultant or a non -employeedirector, as determined by our compensation committee; provided, however, that awards shall not be granted to consultants or non -employeedirectors who are resident of any country which pursuant to applicable laws does not allow grants to non -employees. Term The 2025 Incentive Plan will continue in effect for a term of ten years from the date of its adoption. Any awards that are outstanding on the tenth anniversary of the date of its adoption shall remain in force according to the terms of the 2025 Incentive Plan and the applicable award agreement. Award Agreement Equity awards granted pursuant