Angel One Limited — Important, 05-02-2025: General Updates

The Nomination and Remuneration Committee of Angel One Limited has approved the grant of 8,085 Restrictive Stock Units (RSUs) to one eligible employee under the Angel Broking Employee Long Term Incentive Plan 2021. These RSUs are set to convert into an equal number of equity shares, each with a face value of Rs. 10. The effective grant date is February 4, 2025, and the exercise period for these options will begin upon vesting, remaining valid for up to 10 years. The plan aims to incentivize employees and align their interests with long-term shareholder value, which could enhance employee retention and performance in the future. Investors may see this as a strategic move to foster growth and commitment within the workforce.