The Alabama Stock Option and Long-Term Incentive Plan is a comprehensive compensation program implemented by Golf Technology Holding, Inc., a leading player in the golf technology industry. This plan is designed to attract, motivate, and retain top-tier talent by providing employees with various forms of incentive compensation. Under this plan, Golf Technology Holding, Inc. offers different types of stock options and long-term incentives to eligible employees. These options and incentives play a crucial role in aligning the interests of employees with the company's overall growth and success. One type of stock option offered is the Alabama Stock Option, which grants employees the right to purchase a specific number of company shares at a predetermined price within a specified period. By using these stock options, employees have the potential to benefit from the appreciation in the company's stock value over time. Another aspect of this plan is the Long-Term Incentive (LTI) compensation. This component is designed to provide rewards over an extended period, often spanning multiple years, and is typically granted based on the achievement of predetermined performance goals. The LTI incentives may be in the form of cash bonuses, stock grants, or a combination of both. The Alabama Stock Option and Long-Term Incentive Plan aims to incentivize employees' commitment, loyalty, and performance by offering them the opportunity to participate in the company's success and value creation. This compensation plan not only motivates employees but also fosters a strong sense of ownership and accountability. As Golf Technology Holding, Inc. recognizes the importance of attracting and retaining top talent, the Alabama Stock Option and Long-Term Incentive Plan serves as a critical tool in driving employee engagement and maximizing overall organizational performance. It ensures that the company remains competitive in retaining skilled personnel and aligning their interests with shareholders' interests. In summary, the Alabama Stock Option and Long-Term Incentive Plan of Golf Technology Holding, Inc. provides employees with stock options and long-term incentives as a means of motivating and rewarding their contributions to the company's success. Through this plan, employees are given the opportunity to share in the company's growth while fostering a culture of excellence within the organization.