On March 12, MOBVISTA (01860) announced amendments to its employee equity incentive system. Under the revised plan, the company will grant performance-based reward shares to its Chief Executive Officer. The updated Restricted Share Unit (RSU) scheme specifies that the total share award limit shall not exceed 10% of the issued shares, with new share issuances available to replenish the incentive pool. Separate sub-limits, each not exceeding 4% of the issued shares, have been established for the CEO and the core product research and development management team. The board has approved the conditional grant of reward shares to the CEO under the amended RSU plan. These shares, representing 4.0% of the company’s issued share capital as of the announcement date, will be issued as new shares. Vesting of the shares is strictly tied to service duration, performance, and market capitalization targets, including a step-based assessment threshold with a maximum target of HKD 100 billion in market value. All vested shares are subject to a five-year lock-up period, alongside mechanisms such as clawback provisions and service commitments to reinforce long-term alignment. The grant is conditional upon approval by ordinary resolution at a general meeting and the consent of independent shareholders.