SenseTime Group Inc. has announced the grant of 112,361,291 restricted share units (RSUs) under its 2022 RSU Scheme, as approved by its board and amended by shareholder resolutions in June 2024. The RSUs were granted to eligible employee participants within the company and its subsidiaries. The scheme includes a clawback mechanism, allowing the company to reclaim granted RSUs if recipients are charged with crimes or breach obligations such as non-competition, non-solicitation, confidentiality, or engage in disparagement of the company or its affiliates. As of the announcement, 327,799,670 Class B Shares remain available for further grant under the service provider sublimit.
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