Montage Technology updates on first A-share buyback program progress

Montage Technology announced the progress of its first 2025 A-share buyback program. As of August 31, 2025, the company has cumulatively repurchased 1.92 million A-shares through centralized bidding, representing 0.17% of its total share capital. The highest price paid was RMB 87.18 per share, and the lowest was RMB 77.79 per share, with a total expenditure of approximately RMB 155 million (excluding commissions and transfer fees).

The repurchased shares are intended for use in employee stock ownership plans or equity incentives. The first buyback program is scheduled to run from June 23, 2025, to September 19, 2025, with an estimated total buyback amount between RMB 200 million and RMB 400 million.

The second 2025 A-share buyback program, approved on July 7, 2025, has not yet commenced. It will be implemented after the completion of the first buyback program.