BEIJING, May 04, 2022–(BUSINESS WIRE)–KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today announced that the Company had adopted a global share ownership incentive plan for 2022 (the “2022 Plan”), which was approved by the Company’s board of directors (the “Board”) and becomes effective on 5 May 2022 (Beijing/Hong Kong time). The maximum number of Company Class A common shares issuable under all 2022 plan awards is 125,692,439.
On the same date, the Company grants a total of 71,824,250 restricted shares under the 2022 Plan to Mr. PENG Yongdong, Chairman of the Board of Directors and Chief Executive Officer of the Company, and a total of 53,868,189 restricted shares under the 2022 Plan to Mr. SHAN Yigang, Executive Director of the Company, to recognize their extraordinary contributions and provide additional incentives to align their interests with the long-term shareholder value of the Company. Restricted shares granted vest on the same date and are subject to further restrictions on transfer and dividend rights. The restrictions are to be removed in five annual installments, subject to Board Compensation Committee approval for each installment. The grants have been approved by the Board and the Board’s Audit Committee.
About KE Holdings Inc.
KE Holdings Inc. is a leading online and offline integrated platform for housing transactions and services. The company is a pioneer in building infrastructure and standards to reinvent the way service providers and housing customers navigate and efficiently complete housing transactions in China, ranging from existing and new home sales, rentals of houses, renovation and furnishing of houses, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With over 20 years of operating experience across Lianjia since its inception in 2001, the company believes that Lianjia’s success and proven track record paves the way for it to develop its infrastructure and standards and drive rapid and sustainable growth. by Beike.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by terms such as “will ‘, ‘expects’, ‘anticipates’, ‘aims’, ‘future’, ‘intends’, ‘plans’, ‘believes’, ‘estimates’, ‘is likely to’ and similar statements. Among other things, the business outlook and management quotes in this press release, as well as Beike’s strategic and operating plans, contain forward-looking statements. Beike may also make written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written documents and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about KE Holdings Inc.’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including, but not limited to, the following: Beike’s objectives and strategies; the future business development, financial condition and results of operations of Beike; anticipated changes in the Company’s revenues, costs or expenses; Beike’s ability to enhance services and facilitate transactions on the Beike Platform; competition in our industry; relevant government policies and regulations relating to our industry; Beike’s ability to protect the Company’s systems and infrastructure against cyberattacks; Beike’s reliance on the integrity of brokerage brands, stores and agents on the company’s platform; general economic and business conditions in China and around the world; and assumptions underlying or relating to any of the foregoing. Further information regarding these and other risks is included in KE Holdings Inc.’s filings with the SEC. All information provided in this press release is as of the date of this press release, and KE Holdings Inc. undertakes no obligation to update any forward-looking statements except as required by applicable law.
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