Thunder Software vests restricted shares for employees

Thunder Software Technology Co., Ltd. announced the listing of 382,975 restricted shares, representing 0.08% of the company's total share capital before the vesting. These shares, sourced from a private placement to incentive recipients, will be available for trading starting September 8, 2025. The vesting price per share is CNY 58.086, with the total vested amount for this period being CNY 22,245,485.85. The funds raised from this vesting will be used to supplement the company's working capital.

A total of 163 incentive recipients are involved in this third vesting period, adjusted from an initial 240 recipients due to employee departures and forfeitures. The company confirmed that all vesting conditions for the third period have been met, including financial performance and individual performance assessments.

The vesting will increase the company's total share capital by 382,975 shares, from 460,012,019 to 460,394,994 shares. The company's equity structure remains stable, and the actual controller will not change.