SenseTime Group Inc. (0020, 80020) Announces Grant of 112,361,291 RSUs

Bulletin Express
2025/10/31

SenseTime Group Inc. (the “Company,” HKD Counter: 0020, RMB Counter: 80020) has granted 112,361,291 restricted share units (RSUs) on October 30, 2025, to eligible employee participants under the Company’s 2022 Restricted Share Unit (RSU) Scheme. The RSUs represent approximately 0.29% of the Company’s total issued shares as of the announcement date, carrying no purchase price and conferring the right to obtain an equivalent number of Class B shares or a corresponding cash amount upon vesting. The closing price of Class B shares on the grant date was HK$2.39 per share.

The vesting period spans approximately 12 to 49 months, with the first batch vesting no sooner than 12 months from the grant date. Vesting is subject to performance targets determined at the discretion of the chairman of the board and a clawback mechanism triggered by defined events, including any serious breach of policies. Upon vesting, new Class B shares will be issued and allotted to satisfy the grant within the scheme mandate limit. None of the grantees are directors, chief executives, or substantial shareholders of the Company, and no individual limit thresholds under the Listing Rules have been exceeded.

Following this grant, 1,563,197,578 Class B shares remain available for further grants under the 2022 RSU Scheme mandate limit, representing about 4.04% of total issued shares, including 327,799,670 Class B shares under the service provider sublimit. No financial assistance arrangements have been made, and there are no requirements for shareholder approval related to this specific grant.

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