Midea Group Trims Outstanding A-Shares via RMB 30.75 Million Buyback, Issues New Shares on Option Exercise

Midea Group Co., Ltd. (Midea Group) reported two simultaneous capital movements on 2 November 2026 that marginally altered its share structure.

Repurchase Activity • Volume: 350,000 A-shares, acquired on the Shenzhen Stock Exchange for treasury stock. • Price range: RMB 87.52–87.99 per share, yielding a volume-weighted average cost of RMB 87.87. • Cash outflow: RMB 30.75 million. • Capital impact: The buyback equated to 0.00517 % of Midea Group’s 6.77 billion outstanding A-shares before the transaction, increasing treasury shares from 209.17 million to 209.52 million. The repurchased shares are designated for future cancellation, though cancellation has not yet occurred.

Share Option Exercise • Shares issued: 101,050 new A-shares under the Ninth Stock Option Incentive Plan. • Issue price: RMB 41.44 per share, implying proceeds of approximately RMB 4.19 million. • Dilution effect: The issuance added 0.00149 % to the pre-event share count.

Post-transaction Share Capital • Outstanding shares (excluding treasury shares): 6.77004 billion, down by 0.25 million shares from 29 October 2026, reflecting the net effect of the repurchase and option exercise. • Treasury shares: 209.52 million. • Total issued shares (including treasury shares): 6.97956 billion.

Governance and Compliance The board of directors confirmed that all actions were duly authorised and executed in line with Hong Kong Stock Exchange listing rules and Shenzhen Stock Exchange repurchase regulations. All proceeds from the share issuance have been received, and the repurchased shares are held as treasury stock pending potential cancellation.