KE Holdings Inc. - Grant of Restricted Share Units

KE Holdings Inc. announced the grant of 31,869,519 Restricted Share Units (RSUs) to 2,327 employees on April 1, 2026, under the 2020 Share Incentive Plan. These grants, representing an equal number of Class A ordinary shares, were not subject to shareholder approval and were granted to employees other than Directors or substantial shareholders. The RSUs have varying vesting schedules, ranging from 33 to 48 months, with some having shorter vesting periods to incentivize employees and align their interests with shareholders. There are no performance targets attached to these grants. The company has implemented clawback mechanisms to address terminations for cause, allowing for the forfeiture of unvested RSUs and potential repayment for vested RSUs. The primary purpose of these grants is to incentivize and retain employees by aligning their interests with the long-term growth and profitability of the company.