SMX Increases Incentive Plan Shares to 696,105, Grants 458,375 RSUs

SMX (Security Matters) Public Limited Company amended its 2022 Incentive Equity Plan, increasing the number of authorized Ordinary Shares from approximately 237,730 to 696,105. Following this, the company granted an aggregate of 458,375 restricted stock units to its executive officers, directors, consultants, employees, and advisors. The RSUs vest 75% on the grant date and 25% on December 1, 2026. The amendment was approved without stockholder approval, leveraging Nasdaq Rule 5615(a)(3) for Foreign Private Issuers.