UltraTech Cement Limited — Others, 21-07-2025: Options to purchase securities

UltraTech Cement's Nomination, Remuneration and Compensation Committee has granted 110,757 stock options to eligible employees under its 2022 Employee Stock Option Scheme. This includes 100,447 regular options and 10,310 Performance Stock Units (PSUs). The options have an exercise price of Rs. 12,498 per option, while PSUs are priced at Rs. 10. Vesting periods vary, with regular options vesting 33% annually over three years and PSUs vesting 100% after three years. This move aims to align employee interests with long-term company performance, a positive for retention and motivation.