Mobvista Inc. announced that on 17 July 2026 it granted 25.21 million award shares to 123 employees under its Restricted Share Unit (RSU) Scheme, following amendments approved at the 12 June 2026 extraordinary general meeting.

The award shares were issued at no purchase cost to grantees. The Company’s shares closed at HK$10.07 on the grant date, implying an aggregate market value of approximately HK$254.86 million for the total grant.

Vesting of the shares will occur in equal tranches over one to four years. Selected participants must meet performance metrics tied to Group revenue, profitability, strategic milestones, product development or individual responsibilities. In addition, certain recipients face post-vesting lock-ups of two to five years.

A clawback mechanism allows the Board to cancel or defer unvested shares if misconduct occurs, the Company restates financial statements due to material misstatements, or performance assessments are found to be materially inaccurate.

The remuneration committee and the Scheme’s administrator have approved the grant. No grantee is a director, chief executive, substantial shareholder, related entity participant or service provider whose cumulative awards exceed Listing Rule thresholds. The Group will not provide financial assistance for share purchases.

Following this issuance, 73.99 million shares remain available under the Scheme’s mandate, which originally covered up to 162.16 million shares, or 10% of the Company’s issued share capital (excluding any treasury shares) at the time of shareholder approval.

Management stated that the grant is intended to align employee incentives with long-term shareholder interests and to support talent retention and value creation across the Group’s operations.