Midea Group Issues 1.10 Million New A-Shares for Option Exercises; Treasury Stock Climbs to 149.09 Million in June

Midea Group Co., Ltd. released its Monthly Return on Movements in Securities for June 2026, detailing minor equity expansion alongside an enlarged repurchase reserve.

Key highlights

1. Share capital structure • Authorised/registered capital remained unchanged for H shares at 650.85 million shares (RMB 1 par value each). • Authorised/registered A shares increased by 1.10 million to 6.96 billion, lifting total authorised capital to 7.61 billion shares.

2. Issued shares and treasury position • H shares: Outstanding count stable at 650.85 million; no treasury position. Public-float level continues to exceed the 5 % minimum for PRC issuers. • A shares: – Outstanding (ex-treasury) fell by 24.60 million to 6.81 billion, reflecting share repurchases. – Treasury A shares rose by 25.70 million to 149.09 million, earmarked for employee incentive schemes or future cancellation. – Net of these moves and option exercises, total issued A shares increased by 1.10 million to 6.96 billion.

3. Equity incentive activities • Option exercises under the Eighth and Ninth Stock Option Incentive Plans added 1.10 million new A shares during June, generating RMB 63.88 million in cash proceeds. • Outstanding unexercised options under all active plans stood at 32.20 million A shares at month-end.

4. Convertible bonds update • Two zero-coupon guaranteed convertible bond tranches, each of HKD 8.62 billion, remain unconverted. – 2027 tranche: Conversion price adjusted to HKD 91.82 per H share; up to 93.92 million H shares issuable. – 2033 tranche: Conversion price adjusted to HKD 109.78 per H share; up to 78.56 million H shares issuable. • Aggregate potential dilution from full conversion equals 172.48 million new H shares. No conversions were recorded in June.

5. Capital management outlook The company’s treasury share pool now represents 2.14 % of total issued A shares, providing flexibility for future share incentive programs or potential capital reduction, as stipulated by current regulations.

All corporate actions undertaken in June were authorised by the board and complied with Hong Kong Stock Exchange listing rules and relevant PRC regulations.