Meituan grants 11.8m restricted share units to employees and service providers

On October 28, 2025, Meituan granted an aggregate of 11,828,615 award shares in the form of restricted share units (RSUs). Of this total, 11,814,806 RSUs were allocated to employee participants within the group, while 13,809 RSUs were granted to service providers. The grants, made pursuant to the Post-IPO Share Award Scheme, are subject to acceptance and the scheme's terms and conditions. The market price of Meituan's Class B Shares on the grant date was HK$100.00 per share, with no purchase price for the RSUs themselves.

The vesting periods for these RSUs vary. For employee participants, the total vesting period ranges from approximately 23 to 48 months, with the first batch vesting within 12 months. For service providers, the total vesting period is approximately 47 months, with the first vesting not less than 12 months from the grant date. A time-based vesting schedule applies, with no performance targets attached to the grant.

This grant aims to align the interests of grantees with those of the group through share ownership, encouraging contributions to Meituan's long-term growth and profits. Following this grant, 436,347,898 underlying shares remain available for future grants under the Scheme Limit, and 62,244,547 underlying shares are available under the Service Provider Sublimit.