Meitu announced on October 1, 2024, that according to the stock incentive plan, a total of 12,500,000 shares were granted to the Chairman, Executive Director, and Chief Executive Officer, Mr. Wu Ze Yuan, and a total of 20,167,019 shares were granted to other employees including key employees. The stock incentive plan aims to align with market practices, allowing grantees to hold shares through stock incentives, to acknowledge their contributions, attract and retain talent. The granted stock incentives will be allocated based on different vesting periods and performance targets, with some incentives subject to performance targets of no less than RMB 1.1 billion adjusted net profit attributable to the parent company shareholders. The granting of stock incentives has been approved by independent non-executive directors and complies with relevant requirements of the listing rules.

Meitu announced on October 1, 2024, that according to the stock incentive plan, a total of 12,500,000 shares were granted to the Chairman, Executive Director, and Chief Executive Officer, Mr. Wu Ze Yuan, and a total of 20,167,019 shares were granted to other employees including key employees. The stock incentive plan aims to align with market practices, allowing grantees to hold shares through stock incentives, to acknowledge their contributions, attract and retain talent. The granted stock incentives will be allocated based on different vesting periods and performance targets, with some incentives subject to performance targets of no less than RMB 1.1 billion adjusted net profit attributable to the parent company shareholders. The granting of stock incentives has been approved by independent non-executive directors and complies with relevant requirements of the listing rules.