Midea Group Updates Share Capital After RMB 149.99 Million Share Buyback and Option Exercises

Bulletin Express
05/08

Midea Group Co., Ltd. reported adjustments to its share capital following a share repurchase and the exercise of employee stock options on 8 May 2026.

Key transactions • Share repurchase: The company bought back 1.86 million A-shares on the Shenzhen Stock Exchange for treasury purposes, earmarked for incentive and ownership schemes. The volume-weighted average price was RMB 80.47 per share, with a high of RMB 81.07 and a low of RMB 79.46. Total consideration reached RMB 149.99 million. • Option exercises: Employees exercised 179,439 options under the Eighth Stock Option Incentive Plan at RMB 70.29 per share, and 94,214 options under the Ninth Stock Option Incentive Plan at RMB 45.16 per share. In total, 273,653 new A-shares were issued.

Impact on share structure (as of 8 May 2026) • Issued shares (excluding treasury): 6.86 billion, down 1.59 million from the previous day, reflecting the net effect of the repurchase and new issuance. • Treasury shares: 100.56 million, up 1.86 million due to the buyback. • Total issued shares (including treasury): 6.96 billion, an increase of 0.27 million stemming from the option-related share issuances. • The repurchased shares represented 0.0272 % of the issued share count before the transaction, while the new shares issued for option exercises accounted for a combined 0.0040 %.

Board authorization and compliance The company confirmed that all transactions were properly authorized by the board, all proceeds were received, and relevant regulatory requirements—including those of the Shenzhen and Hong Kong stock exchanges—were satisfied.

The repurchased shares will be retained as treasury shares for future use in incentive or ownership plans; no shares have been cancelled to date.

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