POP MART INTERNATIONAL GROUP LIMITED (POP MART) announced that its Board approved the allocation of 137,510 share awards to 18 employees, including two senior management members, on 24 August 2026. The awards, carrying no purchase cost, correspond to an equal number of ordinary shares.

Key terms • Grant details: 137,510 awards; purchase price set at nil. • Reference price: HK$155.00 per share (closing price on grant date). • Vesting schedule: Awards vest in four tranches on 20 April 2027, 2028, 2029 and 2030. Certain portions will vest within 12 months, permissible under the scheme as the overall vesting spans more than one year. • Performance condition: Vesting of each tranche is subject to the grantee meeting predefined performance thresholds. • Clawback provisions: Unvested awards lapse—and vested shares or proceeds may be reclaimed—if participants are terminated for cause, convicted of integrity-related offences, or breach award terms.

Post-grant capacity Following this grant, approximately 129.77 million shares remain available under the scheme mandate limit, with a further 13.55 million shares available under the service-provider sub-limit.

Funding The trustee will satisfy the awards through a combination of existing treasury shares and, where necessary, new share issuances upon vesting.

Regulatory and governance notes None of the grantees is a director, chief executive, substantial shareholder, or an associate thereof, and no individual exceeds the 1% limit stipulated by Hong Kong Listing Rule 17.03D. Consequently, shareholder approval is not required. The Remuneration Committee endorsed the inclusion of two senior managers with an initial vesting period of less than 12 months, citing alignment with the company’s remuneration policy and long-term strategic objectives.

Purpose POP MART states the awards aim to recognise past contributions, align employee and shareholder interests, and support talent retention to drive the Group’s sustainable growth.