Alibaba Group Holding Limited announced on November 19, 2024, that according to the 2024 stock-based incentive plan, rewards involving 2,493,400 shares of related stock will be granted to several employees, accounting for approximately 0.01% of the total issued shares. The rewards have no share purchase price and are subject to a mixed vesting schedule, with the rewards vesting in installments over four years, some of which will vest within 12 months from the grant date. The plan aims to attract and retain talent by rewarding employees for their outstanding performance and contributions, aligning employee interests with those of the group and shareholders. After the granted rewards, the number of shares available for future grants within the authorized limit of the 2024 plan is up to 480,506,600 shares. The rewards do not require approval from the shareholders' meeting, and the board of directors confirms that no grantee is a company director, senior executive, or major shareholder, or their associates.

Alibaba Group Holding Limited announced on November 19, 2024, that according to the 2024 stock-based incentive plan, rewards involving 2,493,400 shares of related stock will be granted to several employees, accounting for approximately 0.01% of the total issued shares. The rewards have no share purchase price and are subject to a mixed vesting schedule, with the rewards vesting in installments over four years, some of which will vest within 12 months from the grant date. The plan aims to attract and retain talent by rewarding employees for their outstanding performance and contributions, aligning employee interests with those of the group and shareholders. After the granted rewards, the number of shares available for future grants within the authorized limit of the 2024 plan is up to 480,506,600 shares. The rewards do not require approval from the shareholders' meeting, and the board of directors confirms that no grantee is a company director, senior executive, or major shareholder, or their associates.