Netease Cloud Music Grants 668,973 RSU Awards Under 2022 Plan Using Existing Shares

Reuters
03/02
<a href="https://laohu8.com/S/09899">Netease Cloud Music</a> Grants 668,973 RSU Awards Under 2022 Plan Using Existing Shares

NetEase Cloud Music Inc. said it granted 668,973 restricted share unit awards under its 2022 Plan on 2 March 2026, to 379 employee participants (649,127 awards) and five related-entity participants (19,846 awards). The awards have a nil purchase price on vesting and vest evenly over a three-year period starting 1 March 2026, subject to meeting specified performance appraisal thresholds in the year before each vesting date. The closing share price on the grant date was HK$148.00, and the company will satisfy vesting using existing shares, leaving 10,462,280 shares available for future grants under the plan.

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. Netease Cloud Music Inc. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260302-12036564), on March 02, 2026, and is solely responsible for the information contained therein.

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