05/08/2025 | Press release | Distributed by Public on 05/08/2025 04:34
ATRenew Inc. Increases the Pool Size of its Share Incentive Plan
The board of directors of ATRenew Inc. (the "Company") and the compensation committee of the board of the Company have approved an increase to the pool size of the Company's Amended and Restated 2021 Share Incentive Plan (the "Plan"), pursuant to which the maximum number of shares available for grant under the Plan initially shall be 13,615,595, plus an automatic increase by a number equal to 1% of the total number of ordinary shares outstanding on the last day of the immediately preceding fiscal year, on the first day of each fiscal year during the term of the Plan commencing with the fiscal year ended December 31, 2026. No other substantive amendment to the Plan was made.