Meituan grants 30.5m restricted share units

Meituan (HKEX:3690) announced the grant of 30,532,990 restricted share units (RSUs) on April 25, 2025, under its Post-IPO Share Award Scheme. Approximately 30,510,784 RSUs were granted to employee participants and 22,206 to service providers of the group. The RSUs have no purchase price and the market price of Class B Shares on the grant date was HKD127.6. Vesting periods range from 24 to 48 months for employee participants and 24 to 36 months for service providers. The grant aims to align the interests of the grantees with the company's growth and profitability. Following this grant, 449,062,427 underlying shares remain available for future grants under the Scheme Limit, and 62,254,349 under the Service Provider Sublimit.