Midea Group Repurchases 1.09 Million A-Shares; Treasury Stock Climbs to 74.89 Million Shares

Bulletin Express03-24

On 24 March 2026, Midea Group Co., Ltd. executed an on-market repurchase of 1,089,300 A-shares on the Shenzhen Stock Exchange, according to the company’s Next Day Disclosure Return filed with the Hong Kong Stock Exchange.

The shares were bought back at prices ranging between RMB 72.83 and RMB 74.41, for a total cash outlay of RMB 79.99 million. The volume-weighted average repurchase price was approximately RMB 73.44 per share.

Following the transaction: • Issued shares (excluding treasury shares) decreased from 6,878.63 million to 6,877.54 million, a 0.0158% reduction. • Treasury shares increased from 73.80 million to 74.89 million. • Total issued shares remained unchanged at 6,952.43 million, as the repurchased shares are being held in treasury for future stock incentive and/or ownership schemes and have not been cancelled.

The repurchase was authorised by the board and complied with relevant Shenzhen Stock Exchange rules. The filing was signed by Chairman, Executive Director and Chief Executive Officer Fang Hongbo on 24 March 2026.

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