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Notes to the Consolidated Financial Statements31 December 2024ESR Group Limited Annual Report 2024231STRATEGIC REPORTSCORPORATE GOVERNANCEFINANCIAL STATEMENTS40.SHARE CAPITAL (continued)Notes:(i)Pursuant to the rules and trust deed of the Long Term Incentive Scheme (%u201cLTI Scheme%u201d) adopted on 2 June 2021, the trustee of the LTI SchemehadpurchasedontheHongKongStockExchangeatotalof2,475,000shares(31December2023:3,559,146shares)oftheCompanyatatotalconsiderationofUS$2,647,000(31December2023:US$5,613,000)duringtheyearended31December2024.(ii)During the period ended 31 December 2024, the Company paid withholding tax of US$143,000 (31 December 2023: US$84,000) in relation to share options exercised. The withholding tax expense was recorded in share premium account.(iii)%u0009 1,967,705shareswereissuedbytheCompanyinsatisfactionof4,650,902shareoptionsexercisedin2023attheexercisepriceofUS$0.96pershareand518,113shareswereissuedbytheCompanyinsatisfactionof3,297,622awardRSUsandPSUsgrantedundertheLongTermIncentive Scheme (note 41). An amount of US$11,618,000 was transferred from the share-based payment reserve to share capital and share premium upon the exercise of the share-based compensation plan.(iv)%u0009 Duringtheyearended31December2023,theCompanyrepurchased151,674,000ofitsownsharesontheHongKongStockExchangeforaconsiderationofapproximatelyUS$217,770,000.138,851,600shareshavebeencancelledbeforethereportingdateof31December2023and 12,822,400 shares were cancelled subsequent to the reporting date in January 2024, the amount paid for the purchase of the shares has been charged to share capital and share premium.(v)%u0009 489,599shareswereissuedbytheCompanyinsatisfactionof1,507,531shareoptionsexercisedin2024attheexercisepriceofUS$0.94pershareand369,080shareswereissuedbytheCompanyinsatisfactionof3,420,337awardRSUsandPSUsgrantedundertheLongTermIncentive Scheme (note 41). An amount of US$9,349,000 was transferred from the share-based payment reserve to share capital and share premium upon the exercise of the share-based compensation plan.(vi)During the period ended 31 December 2024, the Company repurchased 55,126,800 of its own shares on the Hong Kong Stock Exchange for aconsiderationofapproximatelyUS$72,225,000.Theseshareshavebeencancelledbeforethereportingdateof31December2024,theamount paid for the purchase of the shares has been charged to share capital and share premium.41.SHARE-BASED COMPENSATION PLANA.Share Option Plan issued by the CompanyThe following share options were outstanding under the share option plans including KM ESOP, Tier 1 ESOP and Post-IPO Share Option Scheme (the %u201cPlans%u201d) during the years ended 31 December 2024 and 2023:Weighted average exercise priceNumber of optionsUS$%u2019000At 1 January 202344,391Forfeited during the year2.79(304)Exercised during the year0.96(4,651)At 31 December 2023 and at 1 January 202439,436Forfeited during the year2.77(1,434)Exercised during the year0.94(1,508)At 31 December 202436,494The weighted average share price at the date of exercise for share options exercised during the year ended 2024wasHK$11.08(2023:HK$12.87)pershare.