Alset awards Chairman/CEO Chan Heng Fai 1M restricted shares with one-year lockup

Alset Inc.

1,000,000 restricted shares granted to CEO Chan Heng Fai on April 15, 2025.
Shares cannot be sold, transferred, or pledged until April 15, 2026.
Award is not part of regular annual compensation and not recurring.
Grant made under the 2025 Incentive Compensation Plan adopted March 17, 2025.
Restricted shares carry voting and dividend rights during the lockup period.

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