AMENDMENT NO.1 TO THE 2025 STOCK INCENTIVE PLAN
Galaxy Payroll Group Ltd
Amendment No. 1 to
2025 STOCK INCENTIVE PLAN
OF GALAXY PAYROLL GROUP LIMITED
Galaxy Payroll Group Limited (the “Company”) previously approved and adopted the 2025 Stock Incentive Plan (the “Plan”) to enhance the Company’s and its affiliates’ ability to attract and retain highly qualified officers, directors, key employees and other persons, and to motivate such officers, directors, key employees and other persons to serve the Company and its affiliates and to expend maximum effort to improve the business results and earnings of the Company. By this Amendment, the Company desires to update the definition of “Shares” and amend the Plan to increase1 the number of shares available under the Plan.
| 1. | Capitalized terms used but not otherwise defined herein shall have the respective meanings assigned to such terms in the Plan. |
| 2. | The effective date of this Amendment to the Plan shall be May 20, 2026. |
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