Baidu : Adopted 2023 Share Incentive Plan - Form 6-K

Baidu, Inc. Adopted 2023 Share Incentive Plan

The board of directors of Baidu, Inc. (the "Company") and the compensation committee of the board of directors of the Company have recently approved and authorized the adoption of its 2023 Share Incentive Plan (the "2023 Plan"). Under the 2023 Plan, the maximum aggregate number of Class A ordinary shares which may be issued pursuant to all awards shall be 281,230,346. The purpose of the 2023 Plan is to promote the success and enhance the value of the Company by linking the personal interests of the members of the board of directors, employees, and consultants to those of the Company's shareholders and by providing such individuals with an incentive for outstanding performance to generate superior returns to the Company's shareholders.