MEITU (01357) announced that on October 1, 2025, the company granted a total of 4.5 million share awards to Mr. Wu Zeyuan under the 2024 Chief Executive Officer Incentive Plan, representing approximately 0.099% of the total issued shares as of the announcement date (excluding treasury shares, if any), subject to Mr. Wu Zeyuan's acceptance. These share awards will vest on October 1, 2026, without any performance targets attached.
Meanwhile, the Board of Directors further announced that on October 1, 2025, the company granted a total of 253,065 share awards to certain other employees under the Share Award Plan, representing approximately 0.006% of the total issued shares as of the announcement date (excluding treasury shares, if any), subject to acceptance by these employees.