On September 29, 2024, Bilibili Inc. announced the grant of 2,946,424 Restricted Share Units (RSUs) to 164 employees under its Second Amended and Restated 2018 Share Incentive Plan. The RSUs, which represent approximately 0.71% of the company's total shares on a one-share-one-vote basis, will vest between September 29, 2025, and September 29, 2028. The grant aims to align the interests of the employees with those of the shareholders and to incentivize performance that enhances company value. The RSUs were granted at no cost to the recipients and are subject to clawback provisions under certain conditions such as termination for cause or misconduct. The grants do not require shareholder approval and are not awarded to directors, chief executives, or substantial shareholders of the company. Following the grant, Bilibili Inc. has the capacity to issue further awards representing 38,467,079 Class Z Ordinary Shares under the existing scheme limits.

On September 29, 2024, Bilibili Inc. announced the grant of 2,946,424 Restricted Share Units (RSUs) to 164 employees under its Second Amended and Restated 2018 Share Incentive Plan. The RSUs, which represent approximately 0.71% of the company's total shares on a one-share-one-vote basis, will vest between September 29, 2025, and September 29, 2028. The grant aims to align the interests of the employees with those of the shareholders and to incentivize performance that enhances company value. The RSUs were granted at no cost to the recipients and are subject to clawback provisions under certain conditions such as termination for cause or misconduct. The grants do not require shareholder approval and are not awarded to directors, chief executives, or substantial shareholders of the company. Following the grant, Bilibili Inc. has the capacity to issue further awards representing 38,467,079 Class Z Ordinary Shares under the existing scheme limits.