Vision - Alibaba

50 Annual Report 2007
Notes:
(a) These securities represent deemed interests in Shares held by Direct Solutions Management Limited through Maimex Company
Limited for the benefi t of Mr. Wei under the Pre-IPO Share Incentive Scheme adopted by Alibaba Group (particulars are set out on
pages 55 to 56 of this Annual Report).
(b) These securities represent deemed interests in Shares held by Direct Solutions Management Limited through Sheenson
Development Limited for the benefi t of Ms. Wu under the Pre-IPO Share Incentive Scheme.
(c) These securities represent (i) Shares to be transferred from Alibaba Group pursuant to the relevant terms of the Employee Equity
Exchange (particulars are set out in note 25 to the fi nancial statements on pages 132 to 141 of this Annual Report) to the following
parties: 600,000 issued Shares to Ms. Dai, 600,000 issued Shares to Mr. Sheng Yi Fei, Ms. Dai’s spouse and 2,400,000 issued
Shares to Able Island Assets Corp. (a company ultimately owned by Ms. Dai and her spouse); and (ii) deemed interests in 1,000,000
Shares held by Direct Solutions Management Limited through Golden Jade Investment Limited, a company ultimately owned by a
trust established by Ms. Dai for the benefi t of her family under the Pre-IPO Share Incentive Scheme.
(d) These securities represent (i) 1,425,000 Shares to be transferred from Alibaba Group to Ms. Peng pursuant to the relevant terms
of the Employee Equity Exchange; and (ii) deemed interests in 1,000,000 Shares held by Direct Solutions Management Limited
through Netyan Enterprises Ltd. for the benefi t of Ms. Peng under the Pre-IPO Share Incentive Scheme.
(e) The securities represent (i) Shares to be transferred from Alibaba Group pursuant to the relevant terms of the Employee Equity
Exchange to the following parties: 600,000 issued Shares to Mr. Xie and 3,000,000 issued Shares to Navibell Venture Corp.
(a company ultimately owned by a trust established by Mr. Xie for the benefi t of his family); and (ii) deemed interests in 500,000
Shares held by Direct Solutions Management Limited through Lionyet International Ltd. for the benefi t of Mr. Xie under the Pre-IPO
Share Incentive Scheme.
(f) These securities represent Shares to be transferred from Alibaba Group to Mr. Ma pursuant to the relevant terms of the Employee
Equity Exchange.
(g) These securities represent Shares to be transferred from Alibaba Group pursuant to the relevant terms of the Employee Equity
Exchange to the following parties: (i) 3,000,000 issued Shares to Parufam Limited (a company ultimately owned by a trust
established by a family member in which Mr. Tsai is a benefi ciary); (ii) 8,401,560 issued Shares owned by MFG Limited (a company
ultimately owned by a trust established by Mr. Tsai for the benefi t of his family); and (iii) 120,000 issued Shares owned by Ms. Clara
Wu Ming-Hua, Mr. Tsai’s spouse.
(h) These securities represent (i) 840,000 Shares to be transferred from Alibaba Group to Mr. Tsuei pursuant to the relevant terms of
the Employee Equity Exchange; and (ii) 100,000 Shares directly owned by Mr. Tsuei.