AsiaInfo Technologies Limited — Capital/Financing Update 2022

Mar 11, 2022

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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AsiaInfo Technologies Limited 亞信科技控股有限公司

(Incorporated in the British Virgin Islands with limited liability)

(Stock Code: 1675)

GRANT OF OPTIONS AND AWARD SHARES

(1) GRANT OF OPTIONS

This announcement is made by AsiaInfo Technologies Limited (the ‘‘Company’’, and together with its subsidiaries, the ‘‘Group’’) pursuant to Rule 17.06A of the Rules (the ‘‘Listing Rules’’) Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’).

The board (the ‘‘Board’’) of directors (the ‘‘Director(s)’’) of the Company hereby announces that the Company has granted 14,763,500 share options (the ‘‘Option(s)’’) to certain eligible participants of the Group (collectively, the ‘‘Grantee(s)’’) on 11 March 2022 under the share option scheme adopted by the Company on 25 November 2019. The Options will entitle the Grantees to subscribe for up to a total of 14,763,500 ordinary shares of the Company (the ‘‘Share(s)’’), representing approximately 1.59% of the total number of Shares in issue as at the date of this announcement (being 927,492,946 Shares).

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The following are the details of the Options granted:

Date of Grant: 11 March 2022 (the ‘‘Date of Grant’’)

Exercise price of Each Option shall entitle the Grantees to subscribe for one Options granted: Share upon exercise of such Option at an exercise price of HK$13.24 per Share, representing the higher of (i) the closing price of HK$13.24 per Share as stated in the daily quotation sheet issued by the Stock Exchange on the Date of Grant; and (ii) the average closing price of approximately HK$13.10 per Share as stated in the daily quotation sheets issued by the Stock Exchange for the five business days immediately preceding the Date of Grant

Number of Options 14,763,500 granted:

Validity period of ten (10)-year period commencing from the Date of Grant Options:

Vesting of Options: 40%, 30% and 30% of the Options granted shall be vested on the date falling on the first, second and third anniversary from the Date of Grant, respectively

None of the Grantees is a Director, chief executive or substantial shareholder of the Company or any of their respective associates (as defined under the Listing Rules).

(2) GRANT OF AWARD SHARES

On the Date of Grant, the Company also granted a total of 1,000,000 award shares (representing approximately 0.11% of the total number of Shares in issue as at the date of this announcement) to certain core management personnel of the Group pursuant to the share award scheme adopted by the Company on 7 January 2020 (the ‘‘Share Award Scheme’’). Subject to the fulfillment of the vesting criteria and conditions, the award shares shall be vested in the Eligible Persons during the vesting period, and shall then be transferred and released to the grantees free of charge after vesting. The vesting period shall commence on the date which is one year from the Date of Grant and end on the date which is three years from the Date of Grant. The grant of the award shares has been approved by the remuneration committee of the Company in accordance with the Share Award Scheme.

No new Shares will be issued by the Company as a result of the grant of the award shares. Accordingly, the grant of such award shares will not have any dilutive effect on the shareholdings of the existing shareholders of the Company.

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None of the grantees of the aforesaid award shares granted is a Director, chief executive or substantial shareholder of the Company, or any of their respective associates (as defined under the Listing Rules).

By order of the Board AsiaInfo Technologies Limited Dr. TIAN Suning Chairman and Executive Director

Beijing, 11 March 2022

As at the date of this announcement, the Board comprises:

Executive Directors: Dr. TIAN Suning, Mr. DING Jian and Mr. GAO Nianshu

Non-executive Directors:

Mr. ZHANG Yichen, Mr. XIN Yuesheng, Mr. YANG Lin, Ms. LIU Hong and Mr. CHENG Xike

Independent non-executive Directors:

Dr. GAO Jack Qunyao, Dr. ZHANG Ya-Qin, Mr. GE Ming and Ms. TAO Ping

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