Li Bin responds to the CEO stock incentive plan: It is a motivation for myself, grateful for the board's recognition, and must seize the day.

At today's internal meeting at NIO, founder, chairman, and CEO Li Bin expressed that the equity incentive plan is definitely a motivation for him, and he is very grateful for the recognition and motivation from the board of directors. He has not received it yet and still needs to seize the day. Earlier, when announcing the 2025 Q4 financial report, NIO also announced that the board of directors had approved the 2026 equity incentive plan, granting Li Bin approximately 2.48 billion restricted shares of the company. These restricted shares will be divided into ten equal batches, and the vesting conditions are tied to specific performance targets related to the company's market value and net profit. The plan will take effect on March 6, 2026, and will last for twelve years.