On 10 August 2026, UBTECH Robotics Corp Ltd (“UBTECH Robotics”) released a multi-pronged corporate action plan covering an H-share incentive scheme, new banking facilities and a revision to unutilised placing proceeds. All items will be tabled for shareholder approval at an extraordinary general meeting scheduled for 26 August 2026.

Key highlights are as follows:

1. H-Share Incentive Scheme • Scope and size: The proposed scheme will allow the issue of up to 50.34 million H shares, representing 10% of the company’s issued share capital. • Pricing: Incentive shares will be granted at RMB1 per share. • Participants: Directors (excluding INEDs), senior management and employees who meet performance and service conditions. • Administration: A trustee, independent of the board, will be appointed. The board (or its delegates) will hold broad authority to manage grants, amend terms, set performance targets and enforce clawbacks. • Regulatory status: The scheme falls under Chapter 17 of Hong Kong’s Listing Rules and requires shareholder consent.

2. Authorisation to the Board Subject to EGM approval, directors (or authorised delegates) will receive a mandate for the full term of the scheme to execute all related documentation, manage grants, apply for H-share listings and amend the scheme within regulatory parameters.

3. Arrangement of Bank Credit To support business expansion and working-capital needs, UBTECH Robotics seeks aggregate credit lines not exceeding RMB2.60 billion across nine banks, including Shanghai Pudong Development Bank, Export-Import Bank of China and Bank of China. Individual limits range from RMB100 million to RMB400 million, with facility terms to be finalised within 12 months of shareholder approval.

4. Change in Use of Placing Proceeds From the HK$3.06 billion raised in the December 2025 placing, HK$2.62 billion has been utilised. The board proposes reallocating HK$386.77 million—originally earmarked for acquisitions—towards payments to suppliers and service providers. Post-reallocation, the remaining unutilised proceeds will stand at HK$439.43 million, all dedicated to working-capital purposes (notably HK$52.66 million for staff-related expenses and HK$386.77 million for supplier payments) by end-2026. The board cites completion of the April 2026 acquisition of Zhejiang Fenglong Electric Co., Ltd. and the absence of new M&A plans as the rationale for the shift, aiming to bolster supply-chain stability.

UBTECH Robotics stated that the proposals align with long-term strategic objectives and do not adversely affect operations. A detailed circular and EGM notice will be dispatched to shareholders in due course.