Horizon Robotics, a company incorporated in the Cayman Islands with limited liability, announced on July 4, 2025, the grant of awards under its Post-IPO Share Incentive Plan. The plan, adopted on October 8, 2024, resulted in the issuance of 86,775,108 Class B Ordinary Shares to 1,218 employees of the company. Each Class B Ordinary Share has a par value of US$0.0000025 and entitles the holder to one vote per share at company meetings. This move is part of Horizon Robotics' efforts to align employee interests with those of the company and its shareholders. The announcement was made in compliance with the Listing Rules of the Hong Kong Stock Exchange, where Horizon Robotics is listed under the stock code 9660.
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