Ecovacs Robotics repurchases and cancels restricted shares

Ecovacs Robotics confirmed the repurchase and cancellation of 243,400 restricted shares on December 29, 2025. This action follows the departure of 46 incentive participants, including Zhang Keliang, who no longer qualify for the 2024 stock option and restricted stock incentive plan. The repurchased shares were part of initial and reserved grants that had been awarded but not yet released from restrictions.

The company's board approved the repurchase and cancellation on October 24, 2025. Following this, the total number of outstanding restricted shares under the incentive plan will be reduced to 5,570,100 shares.

Ecovacs Robotics will proceed with the necessary industrial and commercial registration changes. The company affirms that the decision-making process and information disclosure comply with relevant laws and regulations.