FORWARD TOGETHER Notes to the Consolidated Financial Statements 31 December 2022 216 42. SHARE-BASED COMPENSATION PLAN A. Share Option Plan issued by the Company The following share options were outstanding under the share option plans including KM ESOP, Tier 1 ESOP and Post-IPO Share Option Scheme (the “Plans”) during the years ended 31 December 2022 and 2021: Weighted average exercise price Number of options US$ ’000 At 1 January 2021 57,139 Granted during the year 3.15 11,486 Forfeited during the year 0.99 (298) Exercised during the year 0.99 (4,837) At 31 December 2021 and at 1 January 2022 63,490 Granted during the year 2.92 384 Forfeited during the year 2.52 (86) Exercised during the year 0.54 (19,397) At 31 December 2022 44,391 The weighted average share price at the date of exercise for share options exercised during the year ended 2022 was HK$16.70 (2021: HK$25.11) per share.
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