Kuaishou (01024/81024) Announces Grant of 4,486,457 RSUs

Bulletin Express01-23

Kuaishou Technology announced that on January 23, 2026, 4,486,457 restricted share units (RSUs) were granted to eligible employees under its 2023 Share Incentive Scheme at a closing price of HK$81.25 per share on the date of grant. Each RSU has a vesting period ranging from 0 to 48 months, subject to certain performance-based conditions for designated employees. The grant imposes a clawback mechanism in cases of issues such as material misstatements in audited financial statements or a grantee’s misconduct.

According to the announcement, the total number of shares remaining for future grant under the scheme mandate limit is 280,663,830, while 21,675,509 shares remain available for future grant under the service provider sublimit. The initiative aims to align employees’ interests with the firm’s long-term growth by providing ownership of shares or equivalent cash value upon vesting. The company confirmed that none of the grantees for this grant is a director, chief executive, substantial shareholder, or service provider of the company, and no financial assistance has been provided for the purchase of shares under the incentive scheme.

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