Beijing 51WORLD Digital Twin Technology Co., Ltd. (51WORLD) disclosed that its board approved the grant of 940,200 restricted share units (RSUs) on 27 April 2026 under the company’s RSU Scheme. The award represents approximately 0.23% of the total issued shares and, based on the closing price of HK$50.9 per H share on the grant date, has an indicative market value of about HK$47.86 million.

The allocation comprises: • 60,000 RSUs to four executive directors (Wang Chenkang: 10,000; Du Jinyan: 20,000; Tong Shan: 20,000; Pu Ge: 10,000). • 880,200 RSUs to 299 employees.

Key terms include a purchase and vesting price of RMB0 per share and settlement through shares already held in trust or treasury shares repurchased with company funds. Vesting is structured as 25% one year after grant acceptance, with the remaining 75% vesting in 12 equal quarterly tranches of 6.25% each over the subsequent three years. No additional performance conditions apply; however, a detailed claw-back mechanism allows the company to cancel or reclaim awards in cases of misconduct, regulatory breaches, or competitive conflicts.

Following this grant, 40.46 million shares remain available for future awards under the overall scheme limit, of which 4.14 million shares are reserved for the service-provider sublimit.

Grants to directors are classified as connected transactions under Chapter 14A of the Hong Kong Listing Rules but are exempt from independent shareholder approval because they form part of the directors’ remuneration packages. All other grantees are non-connected persons.