NetEase sets 322,458,300-share cap for 2019 share incentive plan awards

• NetEase adopted a second amended and restated 2019 share incentive plan covering options, restricted share units, dividend equivalent rights.
• Share issuance cap set at the lower of 322,458,300 ordinary shares or 10% of ordinary shares outstanding at shareholder approval.
• New-share grants to consultants capped at 1% of ordinary shares outstanding at shareholder approval.
• Options funded by new shares cannot be priced below the grant-date close or five-day average close on Hong Kong Stock Exchange or Nasdaq, depending on settlement.
• Plan effective from February 2023; scheduled to run through February 2033.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netease Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-083679), on July 15, 2026, and is solely responsible for the information contained therein.