It is learned on January 4 from Securities Daily, on January 3, Li Auto announced on the Hong Kong Stock Exchange that on January 1, 2023, the company granted 10.8316 million restricted share units to a senior management member and 678 employees in accordance with its 2020 plan, accounting for approximately 0.52% of the total issued shares of the Company.

According to the announcement, on the terms granted by the senior management, the restricted share units under the senior management grant shall be vested in equal amounts, respectively, on July 1, 2023; July 1, 2024; July 1, 2025; July 1, 2026; and July 1, 2027. After considering the past contributions made by members of the senior management to the company and the significant contribution they are expected to make to the company in the first half of 2023, and in order to make the vesting arrangement and the vesting period of restricted share units granted to other members of the senior management arrangements are kept consistent for ease of management, the remuneration committee of the board considers that a vesting period of at least 12 months is appropriate.