The board of Li Auto-W (ASX: 02015) has announced the approval of a substantial equity incentive award.

On June 15, 2026, the company granted a total of 35 million share options under its 2020 Plan. These options were awarded to two directors, Mr. Li Tie and Mr. Ma Donghui, as well as to a senior executive, Mr. Xie Yan.

In a separate action on the same date, the company also granted a total of 5.5572 million restricted share units under its 2019 Plan. These units were allocated to one director, Mr. Ma Donghui, and 99 other employees of the company.