WuXi AppTec (02359) has called an extraordinary general meeting (EGM) for 29 September 2026 to seek shareholder approval for a new A-share employee stock ownership plan (ESOP), related administrative measures, board authorisation to execute the scheme and amendments to its Articles of Association.

Key terms of the proposed ESOP • Size and funding: Up to RMB1.00 billion (1,000.00 million) sourced from the company’s long-term incentive fund. • Share source: A-shares already repurchased into the company’s treasury, totalling up to 9.70 million shares, equivalent to 0.33 % of current share capital. • Purchase price: RMB103.08 per share, matching the average cost of the repurchased shares and exceeding 50 % of the average market prices over the specified look-back periods. • Participants: No more than 4,000 management and core technical employees; directors, senior management and other related parties are excluded. • Vesting & lock-up: Vesting hinges on FY 2026 revenue targets—full vesting at RMB53.00 billion, 60 % vesting at RMB51.30 billion–RMB53.00 billion; no vesting below RMB51.30 billion. Vested shares carry four staggered lock-ups of 12, 24, 36 and 48 months (25 % each tranche) within an overall 60-month plan life.

Governance & management The ESOP will be self-managed through a Holders’ Meeting and a three-member Management Committee. The EGM will also vote on granting the Board broad authority to amend, extend or terminate the plan and to manage lock-ups, disposals and any share cancellations arising from claw-back provisions.

Articles of Association amendments Shareholders will consider revisions aimed at aligning the Articles with Hong Kong’s forthcoming uncertificated securities market regime and enhancing corporate governance.

Next steps H-shareholders recorded on 24 September 2026 are eligible to vote. Proxy forms must be lodged by 2:00 p.m. on 28 September 2026. The company emphasises that the ESOP will not dilute existing share capital, as it relies solely on previously repurchased shares.