SenseTime Group Inc. (the “Company”) has granted a total of 112,361,291 restricted share units (RSUs) under its 2022 RSU Scheme on October 30, 2025, accounting for approximately 0.29% of the Company’s total issued shares. According to the announcement, the closing price for each Class B share on the date of grant was HK$2.39, and the purchase price of the RSUs is set at nil.
All RSUs were granted to employee participants, with vesting scheduled in several batches over 12 to 49 months. The RSUs are subject to performance targets determined at the discretion of the board chairman, and a clawback mechanism applies if specific conditions such as criminal charges or serious breaches of Company policies occur.
Upon vesting, the RSUs are to be settled by issuing new Class B shares within the mandate limit of the 2022 RSU Scheme. None of the grantees is a director, chief executive, or substantial shareholder of the Company, and no financial assistance has been arranged for the purchase of RSUs. Following this grant, 1,563,197,578 Class B shares remain available for further grants under the scheme limit, with 327,799,670 available under the service provider sublimit.