51WORLD (06651) held its second extraordinary general meeting of 2026 today, during which shareholders reviewed and approved the company's Restricted Stock Unit (RSU) Plan. The RSU plan will be effective for a period of 10 years from its adoption date, with a maximum total allocation equivalent to 10% of the company's issued share capital, approximately 41.4 million shares.
It is reported that 51WORLD's company-wide RSU plan is modeled after the talent retention and incentive mechanisms used by technology firms such as NVIDIA and Tesla. Spanning the next decade, the plan will grant approximately 1% of the total allocation each year. After each grant, the RSUs will be subject to a one-year lock-up period followed by a three-year phased vesting schedule. This structure is designed to attract and retain key talent while alleviating pressure on cash compensation.
Shares for the RSU plan may be sourced through methods such as share repurchases or new issuances. Combined with the founder's earlier commitment to a significant employee stock ownership plan alongside executive salary limits, the introduction of this RSU plan is expected to create a long-term mechanism that deeply aligns the interests of the company, shareholders, the founder, and employees. This alignment supports the maximization of overall benefits for all parties and provides fundamental momentum for the company's long-term value growth.
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