Bilibili Inc. Announces Results of Annual General Meeting

Core Points - Bilibili Inc. held its annual general meeting in Shanghai, where all proposed resolutions were adopted [1] - Key resolutions included the re-election of directors, granting of mandates for share issuance and repurchase, and approval of a share incentive plan [2] Group 1: Corporate Governance - Mr. Rui Chen was re-elected as a director, along with Mr. JP Gan and Mr. Eric He as independent directors [2] - Directors were granted a general mandate to allot and issue additional Class Z ordinary shares and to repurchase Bilibili's own shares [2] Group 2: Share Incentive Plan - The second amended and restated 2018 share incentive plan was approved, allowing for the issuance of shares not exceeding 10% of Bilibili's total issued and outstanding shares [2] - Of the total shares, a maximum of 0.5% may be issued to service provider participants as defined in the plan [2] Group 3: Company Overview - Bilibili is a leading video community in China, focusing on enriching the lives of young generations through diverse video content [3] - The company is known for its "bullet chatting" feature, enhancing user engagement by displaying real-time comments during video viewing [3]