Perfect World details reserved share allocation for 2025 employee stock plan

On October 21, 2025, Perfect World's board of directors and supervisory board approved the allocation of 1,644,831 reserved shares under its 2025 Employee Stock Ownership Plan. These shares, representing 5.72% of the total plan, will be granted to no more than 15 eligible participants at a price of 6.57 yuan per share, consistent with the initial grant price. This follows the initial grant of 27,128,700 shares on June 20, 2025.

The reserved shares will be subject to a two-period lock-up, unlocking 50% after 12 months and the remaining 50% after 24 months from the transfer date. Performance hurdles include a 30% net profit growth rate in 2025 and 2026, based on 2023 net profit. Additionally, the plan incorporates individual performance assessments.

The funding for the reserved shares will come from employee self-financing or the company's own funds. This allocation is part of the company's strategy to ensure sustainable development and foster talent retention.