Zhihu-W (02390.HK) announced on October 18, 2024, that the company granted a total of 948,507 restricted share units to eligible participants under the 2022 stock incentive plan, equivalent to the same number of Class A common shares and approximately 0.32% of the total number of issued shares as of the announcement date (excluding treasury shares) (calculated on a one share, one vote basis).
The granting is intended to (i) align the personal interests of the grantees with the interests of the company's shareholders, motivate these individuals to achieve outstanding performance, bring rich rewards to the company's shareholders, thereby promoting the success of the company and enhancing its value; and (ii) enable the company to flexibly incentivize, attract, and retain grantees to provide services, as the successful operation of the company largely depends on the judgment, interests, and special contributions of these individuals.
