Stella International : Grant of Share Options

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules").

The board ("Board") of directors ("Directors") of Stella International Holdings Limited ("Company") announces that on 18 March 2021, the Company granted a total of 19,695,000 share options ("Share Options") to certain grantees ("Grantees"), subject to their acceptance, under the share option scheme adopted by the Company on 19 May 2017.

The grant of share options under the Company's long term incentive scheme will serve to protect the value of the Company as well as achieve the purposes of retaining and motivating the participants to contribute to the development and growth of the Company for the benefit of the shareholders of the Company. Details of the Share Options granted are as follows:

Date of grant

:

18 March 2021 ("Date of Grant")Subscription price of Share : HK$9.54 to subscribe for one ordinary share of

Options granted :	HK$0.10 each in the share capital of the Company
("Share")
Number of Share Options	:	19,695,000 Share Options (each Share Option shall
granted	entitle the holder of the Share Option to subscribe for
one Share)
Closing price of the Share	:	HK$9.54 per Share
on the Date of Grant
Validity period of Share	:	The Share Options shall be valid from the Date of
Options	Grant to 17 March 2031.

Out of these 19,695,000 Share Options, 1,500,000 Share Options were granted to Mr. Chi Lo-Jen, an executive Director.

* For identification purposes only 1

In accordance with Rule 17.04(1) of the Listing Rules, the grant of Share Options to Mr. Chi Lo-Jen has been approved by the independent non-executive Directors.

Save as disclosed above, none of the Grantees is a Director, chief executive or substantial shareholder of the Company, nor an associate (as defined under the Listing Rules) of any of them.

By order of the Board

Stella International Holdings Limited

Chen Li-Ming, Lawrence

Chairman

Hong Kong, 18 March 2021

As at the date of this announcement, the executive Directors are Mr. Chen Li-Ming, Lawrence and Mr. Chi Lo-Jen; the non-executive Directors are Mr. Chiang Jeh-Chung, Jack and Mr. Chao Ming-Cheng, Eric; and the independent non-executive Directors are Mr. Chen Johnny, Mr. Bolliger Peter, Mr. Chan Fu Keung, William, BBS, Mr. Yue Chao-Tang, Thomas, Mr. Lian Jie and Ms. Shi Nan Sun.

2