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Notes to the Financial StatementsFOR THE FINANCIAL YEAR ENDED 31 DECEMBER 200914. EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) (CONTINUED)(a)Performance-Based ESOS (continued)(vi) Retention periodThe new ordinary shares of the Company allotted and issued pursuant to the exercise of any option underthe Performance-Based ESOS will not be subject to any retention period.(vii) Ranking of the new shares to be issued under the Performance-Based ESOSThe Company’s new shares to be issued upon the exercise of options shall, upon allotment and issuance, rankpari-passu (equally) in all respects with the existing issued shares of the Company except that they shall notbe entitled to any dividend, right, allotment and/or other distribution in respect of which the entitlement dateis before the date of allotment of such new ordinary shares.Eligible Employees who are residents in Malaysia and who have been granted options have the option to electwhether to exercise the options by way of:(i)(ii)Selling Flexibility; orTo directly subscribe for shares.Whichever option once selected shall be applicable to the exercise of the options for the full duration of thePerformance-Based ESOS unless otherwise determined by the Board in their sole discretion but subject always tothe provisions of the Bye-Laws and the terms of the Selling Flexibility.Eligible Employees who are not residents in Malaysia and who have been granted options shall exercise theiroptions by way of Selling Flexibility for the full duration of the Performance-Based ESOS but subject always tothe provisions of the Bye-Laws and the terms of the Selling Flexibility for Foreign Guarantees.The movement during the financial year in the number of options over the new ordinary shares of RM1 each ofthe Company, in which the employees of the Group and Company are entitled to, is as follows:GroupAt At 31 Fair valueExercise 1 January December at grantprice 2009 Granted Adjusted Exercised Lapsed 2009 date (RM)Axiata sharesTranche 1 1.81 — 34,555,750 (279,150) — — 34,276,600 0.54Tranche 2 1.81 — 34,555,750 (279,150) — — 34,276,600 0.57— 69,111,500 (558,300) — — 68,553,200Axiata Group Berhad • 210