Hesai Group (HESAI-W, HKEX: 02525) filed its Monthly Return for the period ended 30 April 2026, confirming stable share capital structure and limited equity-incentive activity during the month.

Authorised capital • The company maintains 1.00 billion authorised shares—50.00 million Class A and 950.00 million Class B—at a par value of USD 0.0001 each, representing total authorised capital of USD 0.10 million. No changes were recorded in April.

Issued shares • Class A (unlisted): 26.998 million shares outstanding, unchanged month-on-month. • Class B (listed): 130.143 million shares outstanding, unchanged month-on-month. • Treasury position remains nil for both classes.

Public float • The listed Class B shares continued to meet the minimum 15 % public-float threshold required by the Hong Kong Stock Exchange.

Equity incentive schemes • Share options under the 2021 Plan: – 24,794 options were exercised and 43,062 lapsed. – Outstanding options totalled 8.165 million at month-end, representing an equivalent number of potential Class B shares. – Cash received from exercises amounted to USD 0.06 million.

• Restricted share units (RSUs) under the same plan: – 32,061 RSUs vested and 27,112 lapsed. – 1.346 million RSUs remain outstanding, of which 287,630 do not count against the overall scheme limit.

• Aggregate headroom for future issuances or transfers under all incentive schemes stood at 13.952 million Class B shares.

Other securities • The company reported no warrants, convertible instruments, or additional agreements affecting share capital in April.

Governance confirmation • Hesai Group affirmed that all equity movements were duly authorised, compliant with Hong Kong listing rules and relevant regulations, and that all funds from option exercises have been received.