The number of participants in Huawei's employee stock ownership plan reached 151,796

Huawei is a private enterprise 100% owned by its employees. Its shareholders are the Trade Union Committee of Huawei Investment Holding Co., Ltd. and Ren Zhengfei. The company implements an employee stock ownership plan (i.e., a virtual restricted stock plan) through the trade union. The number of participants in the employee stock ownership plan is 151,796 (as of December 31, 2023), and all participants are current employees or retired retained personnel of the company. Huawei's 2024 employee stock ownership plan (ESOP) dividend per share has been determined, with a dividend of 1.41 yuan per share. Compared with the dividend per share of 1.5 yuan in 2023, the dividend per share in 2024 has dropped by 6%.