Zou Junming Terence 4

What Happened
Zou Junming Terence, a 10% owner of Ryde Group Ltd (RYDE), was issued 3,500,000 Class B ordinary shares on April 7, 2026 as a performance-based award (reported at $0.00 per share). On the same day he transferred those Class B shares to ABJZ Holding Ltd, a company wholly owned by him, for estate planning and holding purposes. The reported transactions show no cash changed hands (total reported value $0).

Key Details

• Transaction date: April 7, 2026; Form filed April 7, 2026 (same-day filing reported).
• Codes: A = grant/award of 3,500,000 Class B shares @ $0.00; J = other acquisition/disposition (used for the internal transfer) of 3,500,000 @ $0.00.
• Shares after transaction: The reporting person holds no Class B shares directly; all such shares are held indirectly through ABJZ Holding Ltd.
• Footnotes: F1 — shares issued upon satisfaction of performance milestones (see issuer’s Form 6-K); F2 — transfer to ABJZ Holding Ltd was for estate planning/holding and did not change the reporting person’s pecuniary interest.

Context
This was an issuance of shares as a performance-based award followed by an internal transfer to a wholly owned entity — not an open‑market purchase or sale. Transfers to holding companies or for estate planning are routine and do not, by themselves, indicate a change in the insider’s economic exposure to the company.