OmniVision Integrated Circuits Group, Inc. has approved a share-repurchase programme of between RMB0.80 billion and RMB1.00 billion, earmarking its own funds to acquire up to 10 million A-shares—equivalent to 0.79% of current issued capital—for future employee stock ownership plans (ESOPs) or equity incentive schemes.

The board sanctioned the initiative at its 14th meeting of the seventh session on 3 April 2026 with unanimous support from all nine directors; shareholder approval is not required under the company’s articles. The plan was first disclosed on 4 April 2026 and must be executed within three months of board approval.

Key parameters • Repurchase method: on-exchange centralised price bidding. • Price cap: no more than RMB100.00 per share, representing 150% of the average trading price over the 30 trading days preceding board approval. • Intended volume: 8–10 million shares, translating to 0.63%–0.79% of total share capital. • Funding: entirely from internal resources; no external financing planned.

Capital structure impact At 31 December 2025, OmniVision held total assets of RMB43.60 billion, cash and cash equivalents of RMB12.82 billion, and net assets attributable to shareholders of RMB28.17 billion. The maximum buyback outlay represents approximately 2.29% of total assets and 3.55% of shareholder equity, indicating limited balance-sheet pressure. Post-transaction, the aggregate treasury share position—including 3.92 million shares already in the repurchase account—will remain below the 10% regulatory ceiling.

Governance and controls No directors, senior managers, controlling shareholders or 5%-plus investors have traded the company’s shares within the past six months, except for a previously disclosed donation of 30 million shares by controlling shareholder Yu Renrong to a charitable foundation. All such parties have confirmed no plans to reduce holdings during the next three or six months.

Risk disclosures 1. Market prices could stay above the RMB100.00 per share ceiling, limiting execution. 2. Failure to complete ESOP or incentive approvals may leave shares unallocated, triggering mandatory cancellation. 3. Material changes in operating conditions or market environment could lead the board to terminate the programme.

The company has opened a dedicated repurchase securities account (No. B882325497) and will provide progress updates in line with Hong Kong and Shanghai exchange regulations.