Form 3 Filing for Waterdrop Inc. - Ownership Change

This filing details changes in the ownership of Waterdrop Inc. (WDH) as reported by XU XIAOYING, Head of Finance. The report indicates a post-transaction ownership of 600,000 Class A ordinary shares. Additionally, it outlines holdings based on restricted share unit awards: 4,500,000 shares from awards granted on March 25, 2023, with partial vesting and future installments; 1,000,000 shares from awards granted on April 1, 2024, also with partial vesting and future installments; 553,820 shares from awards granted on March 1, 2025, to vest in installments through April 1, 2029; and 700,000 shares from awards granted on February 24, 2026, to vest in installments through February 1, 2030. The reporting owner is based in Beijing, China.