Shenzhen Dobot (2432) Announces Grant of 612,825 H Share Options

Bulletin Express
10/20

Shenzhen Dobot (Stock Code: 2432) has granted a total of 612,825 share options ("Options") under its H Share Option Scheme on October 20, 2025, to 12 recently joined employee participants. According to the announcement, these Options entitle the holders to the same number of underlying H shares at an exercise price of HK$52.72 per share. The closing price of the H shares on the grant date was HK$49.70.

The grant vests in four equal tranches of 25% each on October 20 in 2026, 2027, 2028, and 2029, contributing to a five-year exercise period from the respective vesting date. No performance targets apply to these Options, and a clawback mechanism is in place under specific conditions as outlined in the scheme rules.

As stated in the announcement, 41,716,715 shares remain available for issuance under the H Share Option Scheme and other share-based incentive schemes. None of the grantees is a director, chief executive, substantial shareholder, related entity participant, or a service provider exceeding the relevant 0.1% issue limit. The company indicates that the grant is designed to attract, retain, and incentivize high-caliber talent for sustainable growth.

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