Summary by Moomoo AI
Pop Mart International Group Limited (stock code: 9992) announced on November 1, 2024, that a total of 159,361 rewards were granted to employees of this group, including one senior management personnel, under the stock incentive plan after the initial public offering. The rewards will be vested in batches during the first to fourth anniversary periods after the grant date, depending on the performance evaluation of the grantee. The granted rewards aim to acknowledge employees' past performance and contributions to the group, encouraging them to contribute to the group's long-term growth and profits. The shares of the granted rewards will be allocated from the existing shares held by the trustee, without issuing new shares. The board of directors confirmed that all grantees are not directors, senior executives, or major shareholders, and the rewards granted do not require shareholder approval.
