AsiaInfo Technologies grants 18.4m employee share options

AsiaInfo Technologies Limited has granted 18,400,000 share options to certain employees, representing approximately 1.96% of the total shares in issue as of the announcement date. The options, granted on August 27, 2025, are part of the company's share option scheme adopted in November 2019. Each option allows the grantee to subscribe for one share at an exercise price of HK$10.30, which is the higher of the closing price on the grant date or the average closing price over the five preceding business days.

The granted options will vest over three years, with 40% vesting on the first anniversary, 30% on the second, and 30% on the third. Exercise of these options is contingent upon grantees meeting individual performance targets determined by the company's appraisal system, based on business achievements. A clawback mechanism allows unexercised or unvested options to lapse if an employee leaves the Group or fails to meet performance targets.

The validity period for these options is ten years from the date of grant. Following this grant, 15,945,829 shares remain available for future grants under the Share Option Scheme. The company confirmed that no financial assistance was provided to grantees for purchasing shares upon option exercise, and none of the grantees include directors, chief executives, substantial shareholders, or participants exceeding specified individual or related entity limits.