Manchester International Board Approves Share Incentive Plan

Laguna—(PHStocks)—The Board of Directors of Manchester International Holdings Unlimited
(PSE: MIH) approved a Share Incentive Plan covering up to 5% of the outstanding capital stock of the corporation at an exercise price and vesting periods to be determined by the Compensation Committee, under the terms and conditions of the Plan.

The Compensation Committee was further authorized to administer the plan.

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