Bilibili Inc. (Bilibili) filed its Monthly Return for April 2026 with the Hong Kong Stock Exchange, detailing modest equity movements and the retirement of a maturing convertible note tranche.

Key Points

1. Equity Movements • Authorised share capital remained unchanged at USD 1.00 million, comprising 10.00 million Class Y and 9.80 billion Class Z authorised shares, plus 100.00 million undesignated shares, all at USD 0.0001 par value. • Issued share count increased by 5,000 Class Z shares to 336.93 million, reflecting vested restricted share units under the 2018 Share Incentive Plan. Class Y issued shares were unchanged at 79.70 million. • No treasury shares were held or transferred during the month. Public float continued to meet the 25 % requirement.

2. Share-Based Incentive Plans • Options outstanding: 10.15 million under the 2018 Share Incentive Plan and 2,750 under the Global Share Incentive Plan; no options were exercised. • Restricted share units (RSUs): 7.63 million RSUs remain available for issuance under the 2018 plan, and 11.18 million under the Second Amended and Restated 2018 Plan.

3. Convertible Debt Status • The April 2026 senior notes (USD 12.00 million outstanding) matured on 1 April 2026 and were fully repaid in cash; no ADS conversions occurred. • Outstanding convertibles now comprise: – 2027 Notes: USD 26.00 million principal, convertible at USD 40.73 per ADS (potential 640 ADSs). – December 2026 Notes: USD 13.30 million principal, convertible at USD 93.97 per ADS (potential 141,537 ADSs). – 2030 Notes: USD 690.00 million principal, convertible at HKD 185.63 per Class Z share (potential 29.10 million shares).

4. Compliance Confirmation The company affirmed full adherence to Hong Kong Listing Rules, with all equity issuances duly authorised and all relevant regulatory filings completed.

The April statement underscores limited dilution—equivalent to roughly 0.001 % of outstanding Class Z shares—while highlighting progress in winding down near-term convertible obligations.