Bilibili Inc. lifts Class Z share count by 0.27% after option exercises and RSU vesting

Bulletin Express03-31

Bilibili Inc. (Bilibili; HKEX: 9626) reported the issuance of 906.66 thousand Class Z ordinary shares between 10 and 30 March 2026, according to its Next Day Disclosure Return filed on 31 March 2026.

The new shares were generated exclusively through the company’s equity incentive programmes:

1. Share-option exercises under the 2018 Share Incentive Plan and the Global Share Incentive Plan accounted for 809.28 thousand shares. 2. Vesting of restricted share units (RSUs) delivered a further 91.07 thousand shares to employees and 6.32 thousand shares to one director.

Issue prices for the option-related allotments ranged from USD 0.0001 to USD 6.1077 per share, while RSU releases were settled for nil consideration.

Key capital metrics after the transactions: • Class Z ordinary shares outstanding: 335.94 million, up 0.27% from 335.04 million on 28 February 2026. • Total issued share capital (Class Y + Class Z): 415.64 million, an increase of 0.22% from 414.74 million. • Treasury shares: none; no share repurchases or on-market sales of treasury stock occurred during the period.

Bilibili confirmed that all issuances were duly authorised by the board and complied with Hong Kong Stock Exchange listing rules and relevant regulations. After the latest allotments, 9.39 million Class Z shares remain reserved for future exercises or vesting under the company’s share incentive plans.

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