Company: GINT
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001213900-25-065552
Chunk: 154

Company: Gifts International Holdings Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 154
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 to the 2025 Incentive Plan shall be evidenced by individual award agreement, the terms and conditions of which shall be established by the administrator in a manner consistent with the provisions of the 2025 Incentive Plan. Vesting Schedule The vesting schedule of each equity award granted under the 2025 Incentive Plan will be set forth in the award agreement for such equity award. Amendment, Suspension and Termination At any time and from time to time, the administrator may amend, suspend or terminate the 2025 Incentive Plan; provided, however, that (a) to the extent necessary and desirable to comply with applicable laws, the Company shall obtain shareholder approval of any amendment in such a manner and to such a degree as required, and (b) unless the Company decides to follow home country practice, shareholder approval is required for any amendment to the 2025 Incentive Plan that (i) increases the number of Class A Ordinary Shares available under the 2025 Incentive Plan (other than any adjustment as provided by Article 12), (ii) permits the administrator to extend the term of the 2025 Incentive Plan or the exercise period for an option or share appreciation right beyond ten years from the date of grant, or (iii) results in a material increase in benefits or a change in eligibility requirements. Except as provided in the 2025 Incentive Plan or any award agreement, no amendment, suspension or termination of the 2025 Incentive Plan shall, without the consent of the holder, impair any rights or obligations under any award theretofore granted or awarded. 107

PRINCIPAL SHAREHOLDERS The following table sets forth information with respect to the beneficial ownership of our Shares as of the date of this prospectus, by: •each person or entity known by us to own beneficially more than 5% of our outstanding Shares; •each of our directors, executive officers, and director nominees; and •all of our executive officers, directors, and director nominees as a group. Beneficial ownership of our Shares is determined in accordance with the SEC rules. Under these rules, a person is deemed to be a beneficial owner of a security if that person has or shares voting power, which includes the power to vote or to direct the voting of the security, or investment power, which includes the power to dispose of or to direct the disposition of the security. The percentage of Shares beneficially owned prior to the offering is based on 10,