NIO Inc., an electric vehicle manufacturer listed on the U.S. stock market, has announced the adoption of its 2024 Share Incentive Plan, effective February 7, 2024. The plan, approved by the company's board of directors and the compensation committee, aims to attract and retain top talent by offering them the opportunity to acquire a proprietary interest in the company. The 2024 Plan allows for the issuance of a maximum of 19,288,470 shares, with an automatic annual increase based on 1.2% of the company's total issued and outstanding share capital starting from January 1, 2025. Additionally, shares not granted under previous incentive plans from 2015 to 2018 will be available under the new plan. The 2024 Plan will remain in effect for five years, providing selected employees, directors, and consultants with options to purchase company shares, thereby aligning their interests with the success of NIO Inc.

NIO Inc., an electric vehicle manufacturer listed on the U.S. stock market, has announced the adoption of its 2024 Share Incentive Plan, effective February 7, 2024. The plan, approved by the company's board of directors and the compensation committee, aims to attract and retain top talent by offering them the opportunity to acquire a proprietary interest in the company. The 2024 Plan allows for the issuance of a maximum of 19,288,470 shares, with an automatic annual increase based on 1.2% of the company's total issued and outstanding share capital starting from January 1, 2025. Additionally, shares not granted under previous incentive plans from 2015 to 2018 will be available under the new plan. The 2024 Plan will remain in effect for five years, providing selected employees, directors, and consultants with options to purchase company shares, thereby aligning their interests with the success of NIO Inc.