Akeso grants share options and restricted share units

Akeso, Inc. announced the grant of 7,115,000 share options to 114 grantees, including seven directors, and 3,420,000 restricted share units (RSUs) to 107 grantees as part of its share option scheme and 2021 RSU scheme. The exercise price for the share options is set at HKD84.60 per share, with vesting periods of 48 months or performance-based criteria. The RSU grants, like the share options, feature performance-based vesting conditions or a mixed vesting schedule. Certain share options and RSUs granted to Dr. XIA require shareholder approval, and the Company plans to use outstanding issued shares to satisfy the RSU grants. The grants aim to recognize contributions and motivate the directors and employees.