Kanzhun Ltd. Announces Grant of 887,686 Share Awards to Directors and Employees Under New Compensation Plan

Reuters
06-16
Kanzhun Ltd. Announces Grant of 887,686 Share Awards to Directors and Employees Under New Compensation Plan

Kanzhun Ltd. announced an update to its compensation plan on June 15, 2025, with the granting of 887,686 share awards in the form of restricted stock units (RSUs). These awards, which correspond to the same number of Class A Ordinary Shares, have been distributed to two independent non-executive Directors, Mr. Yonggang Sun and Ms. Hongyu Liu, each receiving 8,424 share awards. Additionally, 62 employees of the company were included in the distribution of these share awards. The Director Grants were approved by the independent non-executive Directors, excluding Mr. Sun and Ms. Liu on their respective grants. The grants ensure compliance with the Listing Rules, specifically not exceeding the 0.1% limit concerning the shares issued in the 12-month period prior to the grant date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kanzhun Ltd. published the original content used to generate this news brief on June 16, 2025, and is solely responsible for the information contained therein.

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