WERIDE-W(00800): It is recommended to adopt the share plan for 2026.

WERIDE-W (00800) has announced that the company currently has a share plan, namely the 2018 Share Plan. The terms of the 2018 Share Plan do not comply with Chapter 17 of the Listing Rules, therefore, the company may not make further grants under the 2018 Share Plan after listing. Therefore, the Board recommends adopting the 2026 Share Plan, the terms of which comply with Chapter 17 of the Listing Rules. The 2026 Share Plan aims to attract, motivate, and retain employees, directors, and advisors through the granting of awards. The maximum number of Class A ordinary shares (including treasury shares) that may be issued or transferred under the 2026 Share Plan shall not exceed 10% of the total issued and outstanding shares of the Company on the date of shareholder approval of the 2026 Share Plan (excluding any treasury shares). In the event of any share split, consolidation, or similar transaction, a fair adjustment will be made to maintain the percentage of issued and outstanding Class A ordinary shares in relation to the limit before and after the transaction. Within the plan limit, the maximum number of Class A ordinary shares (including treasury shares) that may be issued or transferred to advisors under the 2026 Share Plan shall not exceed 1% of the total issued and outstanding shares of the Company on the date of shareholder approval of the 2026 Share Plan (excluding any treasury shares). Similarly, adjustments will be made in the event of any share split, consolidation, or similar transaction to maintain the percentage of issued and outstanding Class A ordinary shares.