MINISO Group Holding Limited (MNSO) disclosed that on 3 April 2026 it granted 327,558 restricted share units (RSUs) to seven employees under its 2020 Share Incentive Plan. The award represents approximately 0.03 % of the company’s total issued share capital as of the announcement date.
Key terms of the grant • Size and scope: 327,558 RSUs allocated to seven employees; none of the grantees is a director, senior manager, chief executive or substantial shareholder. • Purchase price: US$0.00001 per RSU. • Reference market price: HK$32.04 per share, the closing price on the grant date. • Vesting schedule: up to 19 % on 20 March 2027, another 19 % on 20 March 2028, 28 % on 20 March 2029, 12 % on 20 March 2030 and 22 % on 20 March 2031—spanning roughly one to five years. • Performance linkage: 211,678 RSUs granted to two employees are subject to individual and group performance targets; the remaining five employees’ awards have no performance hurdles. • Clawback provisions: unvested RSUs lapse upon contract expiry, performance shortfall or resignation, and vested shares are subject to forfeiture if serious misconduct or competitive breach occurs.
Plan capacity and regulatory status Following this award, 32.25 million RSUs remain available for future grants under the 2020 Share Incentive Plan, of which 30.66 million new shares can still be issued within the existing scheme mandate. The plan predates the revised Chapter 17 of the Hong Kong Listing Rules (effective 1 January 2023); MINISO will observe the transition arrangements for legacy share schemes.
Strategic rationale Management states the RSU issuance aims to motivate performance, enhance retention of key personnel and foster collaboration across business units, aligning employee interests with long-term shareholder value.
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