According to the Zhitong Finance App, Bilibili-W (09626) issued an announcement. On December 15, 2025, the company granted a total of 20.048 million restricted share units to 147 selected Group employees (2 of whom are executive directors) based on the second revised and restated 2018 share incentive plan, representing the same number of Class Z common shares and accounting for about 0.49% of the total number of shares issued by the company on the date of this announcement (calculated on the basis of one share and one vote).