Bilibili Shareholders Approve Annual Meeting Resolutions

June 29, 2024 by No Comments

SHANGHAI, China, June 28, 2024 — Bilibili Inc. (Nasdaq: BILI and HKEX: 9626), a leading video community for young generations in China, today announced that all proposed resolutions were adopted at its annual general meeting of shareholders held in Shanghai, China today.

Following the adoption of these resolutions, all corporate authorizations and contemplated actions are approved. These include the re-election of Mr. Rui Chen as a director, the re-election of Mr. JP Gan and Mr. Eric He as independent directors, the grant of a general mandate to directors to allot, issue, and deal with additional Class Z ordinary shares or equivalents, a general mandate to repurchase Bilibili’s own shares on specific terms, and the approval and adoption of the second amended and restated 2018 share incentive plan. The maximum number of shares that can be issued under this plan is 10% of Bilibili’s total issued and outstanding shares as of today, with a maximum of 0.5% of these shares available for service provider participants.

About Bilibili Inc.

Bilibili is a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide variety of video-based content, built around aspiring users, high-quality content, talented content creators, and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that enhances the viewing experience by displaying audience thoughts and feelings. The Company has become a home for diverse interests among young generations in China and promotes Chinese culture across the world.

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