XPENG-W (09868) announced that on October 1, 2025, the company granted a total of 5.0759 million restricted share units under the 2025 share incentive plan to one senior management member (senior management grant) and 318 employees (employee grants, together with the senior management grant collectively referred to as restricted share unit grants), representing the same number of Class A ordinary shares, subject to acceptance by the grantees.
No restricted share unit grants require approval from the company's shareholders, and none of the grantees are directors, chief executive officers, or major shareholders of the company, nor are they associates of any of the aforementioned parties.