Kingsoft repurchases shares, nears moratorium period

Kingsoft Corporation Limited announced share repurchases on December 3, 2025, totaling 356,200 ordinary shares. These shares were repurchased on the Exchange at prices ranging from HKD 28 to HKD 28.14, with an aggregate price paid of HKD 9,996,288. The company's opening balance of issued shares as of December 2, 2025, stood at 1,400,425,790. Following these repurchases, the closing balance remains unchanged as the repurchased shares are yet to be cancelled.

The latest repurchase on December 3, 2025, is part of a broader series of repurchases, including 13 earlier events of shares repurchased for cancellation but not yet cancelled. The earliest of these disclosed events occurred on May 29, 2025, with 582,000 shares repurchased at HKD 34.3598. The total number of shares authorized for repurchase under the mandate granted on May 29, 2025, is 140,042,579. To date, 6,016,000 shares have been repurchased on the Exchange or another stock exchange, representing 0.43% of the issued shares as of the mandate date.

A moratorium period for issuing new shares or selling/transferring treasury shares after the repurchases is in effect until January 2, 2026. This disclosure adheres to Main Board Rule 13.25A / GEM Rule 17.27A requirements. Ou Lu, company secretary, submitted the return on December 3, 2025.