The Arkansas Proposal to Approve Adoption of Stock Option and Long-Term Incentive Plan is a significant step forward for The Golf Technology Holding, Inc., ensuring the company's ability to attract and retain top talent, while aligning the interests of its employees with the long-term success of the organization. This proposal aims to provide a comprehensive and robust compensation package, including stock options and long-term incentives, which will motivate and reward employees for their valuable contributions to the company's growth. The Stock Option and Long-Term Incentive Plan is designed to provide eligible employees with the opportunity to acquire ownership in the company and benefit from its future financial achievements. By granting stock options, The Golf Technology Holding, Inc. aims to incentivize employees by offering them the ability to purchase company shares at a predetermined price, also known as the exercise price, within a specified time frame. This encourages employees to work towards increasing the company's value since they will directly benefit from any appreciation in the stock price. Furthermore, the Long-Term Incentive Plan is an additional component of the proposal aimed at rewarding employees for their long-term dedication and commitment to the company's success. This plan will offer various performance-based incentives, such as restricted stock units (RSS) or performance share units (Plus), which will vest over a certain period of time or upon achieving predetermined performance goals. These incentives serve to motivate employees to strive for excellence in their roles, thus contributing to the overall growth and profitability of The Golf Technology Holding, Inc. The approval of this proposal by the state of Arkansas is crucial for The Golf Technology Holding, Inc. as it would enable them to offer competitive compensation packages to attract and retain top talent within the organization. This will strengthen the company's ability to compete in the dynamic golf technology industry, as well as align the interests of its employees with the long-term success of the business. In summary, the Arkansas Proposal to Approve Adoption of Stock Option and Long-Term Incentive Plan showcases The Golf Technology Holding, Inc.'s commitment to recognizing and rewarding the contributions of its employees. By offering stock options and long-term incentives, the company aims to foster a motivated workforce, drive innovation, and ultimately enhance shareholder value.