Employee Stock Option/ Share Scheme::Grant of Options Pursuant to the Hong Leong Finance Share Option Scheme 2001

HONG LEONG FINANCE LIMITED (Co. Reg. No. 196100003D)

Grant of Options Pursuant to the Hong Leong Finance Share Option Scheme 2001

In accordance with Rule 704(29) of the Listing Manual of the Singapore Exchange Securities Trading Limited, Hong Leong Finance Limited (the "Company") wishes to announce the following details on the grant of share options:

(a)	Date of grant	22 September 2021 (Wednesday)
(b)	Exercise price of options granted	$2.38*
(c)	Number of options granted	1,835,500 options
(d)	Market price (last dealt price) of	$2.37
	shares on the date of grant
(e)	Number of options granted to each	90,000 options granted to Mr Kwek Leng Beng
	director and controlling shareholder	(Managing Director of the Company)
	(and each of their associates), if any
(f)	Validity period of the options	10 years from the date of grant
(g)	Vesting period	The options granted to certain participants of
		executive rank (including those granted to an
		Executive Director of the Company) since the
		commencement of the Hong Leong Finance
		Share Option Scheme 2001 are subject to a
		vesting schedule as follows:
		(1) one year after the date of grant for up to
		33% of the shares over which the options
		are exercisable;
		(2) two years after the date of grant for up to
		66% (including (1) above) of the shares
		over which the options are exercisable; and
		(3) three years to whom options have been
		granted for up to 100% (including (1) and
		(2) above) of the shares over which the
		options in any share issue of any other
		company.
		…2/-

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HONG LEONG FINANCE LIMITED (Co. Reg. No. 196100003D)

Grant of Options Pursuant to the Hong Leong Finance Share Option Scheme 2001 (cont'd)

• The exercise price is equal to the average of the last dealt share prices for the Company's shares, as determined by reference to the daily official list made available by the Singapore Exchange Securities Trading Limited, for the 3 consecutive trading days immediately preceding the date of the grant, rounded up to the nearest whole cent.

BY ORDER OF THE BOARD

Yeo Swee Gim, Joanne

Ng Siew Ping, Jaslin

Company Secretaries

22 September 2021

Singapore