Lens Technology updates on share repurchase program progress

Lens Technology announced on December 2, 2025, the progress of its share repurchase program, originally approved on April 7, 2025. The company has repurchased 7,309,607 A-shares, representing 0.15% of its total A-share capital, as of November 30, 2025. The total expenditure for these repurchases amounts to RMB211,923,659.63, excluding transaction fees, with prices ranging from RMB22.50 to RMB30.24 per share. These shares are intended for employee stock ownership or equity incentive plans.

The repurchases align with the company's previously disclosed plan to acquire shares worth between RMB500 million and RMB1 billion within 12 months from the approval date, with a maximum price of RMB34.50 per share. The company commenced repurchases on July 9, 2025.

The monthly return on share movements to the Hong Kong Stock Exchange for November 2025 further indicates a decrease of 3,625,650 A-shares in issue (not including treasury shares) and a corresponding increase of 3,625,650 treasury A-shares, bringing the total A-shares held in treasury to 12,896,328. The repurchases were conducted on November 4, 10, 14, and 17, 2025, at various prices.