XD Inc. grants share options to boost performance incentives

On October 20, 2025, XD Inc. granted a total of 143,694 share options under its share option plan adopted on June 25, 2021. Each option entitles the holder to subscribe for one ordinary share of US$0.0001. The exercise price for these options is HK$71.37 per share, aligning with the average closing price of the shares for the five business days immediately preceding the grant date. The closing price of the share on the date of grant was HK$69.90 per share. These options have a validity period of ten years from the date of grant, with all options vesting immediately upon grant.

Among the options granted, 122,500 were awarded to directors, chief executives, and/or substantial shareholders. Notably, Huang Yimeng, chairman of the board, chief executive officer, executive director, and a substantial shareholder, received 122,500 options. The grant to Huang Yimeng was approved by the independent non-executive directors in accordance with listing rules.

The company stated that the grant aims to provide incentives and rewards for participants' contributions and to align their interests with those of the company and its shareholders. Following this grant, 29,177,508 shares remain available for future grant under the share option plan. No performance targets are attached to these options, a practice consistent with the gaming industry and the company's historical approach.