Nio adopted a 2026 Share Incentive Plan on March 6, 2026. The plan authorizes up to 248.45 million Class A ordinary shares for issuance under awards such as stock options and restricted share units. Options under the plan may have a term of up to 12 years from the grant date. Incentive stock options are generally required to have an exercise price of at least 100% of fair market value on the grant date. Incentive stock options that first become exercisable in a calendar year above USD 0.1 million in aggregate fair market value are treated as non-statutory stock options.

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. Nio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-025483), on March 10, 2026, and is solely responsible for the information contained therein.