[Form 3] Smart Share Global Ltd Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Smart Share Global Ltd’s Chief Marketing Officer Victor Yaoyu Zhang filed an initial ownership report showing his equity interests in the company. He holds options to buy 380,000 Class A ordinary shares at an exercise price of $0.01 per share expiring on August 23, 2031, and options to buy 1,000,000 Class A ordinary shares at $0.01 per share expiring on April 1, 2034. These options were granted in 2021 and 2024 with multi‑year vesting schedules.

Indirectly, through Victor Family Limited, which is wholly owned by Zhang, the filing lists 7,306,970 Class B ordinary shares and 400,000 American depositary shares. Each ADS represents two Class A ordinary shares according to the disclosure. The filing records these as existing holdings rather than new market transactions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Zhang Victor Yaoyu

(Last) (First) (Middle)

6TH FLOOR, 799 TIANSHAN W ROAD,

CHANGNING DISTRICT

(Street)

SHANGHAI F4 200335

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Smart Share Global Ltd [ EM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Marketing Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B ordinary shares	7,306,970	I	By Victor Family Limited(1)
American depositary shares(2)	400,000	I	By Victor Family Limited(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options (right to buy)	(3)	08/23/2031	Class A ordinary shares	380,000	$0.01	D
Options (right to buy)	(4)	04/01/2034	Class A ordinary shares	1,000,000	$0.01	D

Explanation of Responses:

1. Shares held of record by Victor Family Limited, which is wholly owned by the reporting person.

2. Each American depositary share ("ADS") represents two Class A ordinary shares of the Issuer.

3. Represents options to purchase 380,000 Class A ordinary shares granted on August 23, 2021. The options vest as follows: 25% of the options vest on the first anniversary of the grant date, the remaining 75% of the options vest annually thereafter in three years with equal yearly installments.

4. Represents options to purchase 1,000,000 Class A ordinary shares granted on April 1, 2024. The options vest as follows: 50% of the options vest on the second anniversary of the grant date, the remaining 50% of the options vest annually thereafter in two years with equal yearly installments.

	/s/ Victor Yaoyu Zhang	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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