Tuya Inc. (02391) Releases November 2025 Monthly Share Capital Update

Bulletin Express12-03

Tuya Inc. (02391) reported a total authorized share capital of USD 50,000 as of November 30, 2025. This comprises 800,000,000 Class A WVR ordinary shares and 200,000,000 Class B WVR ordinary shares. The month-end balance of Class A issued shares stood at 541,308,673, while Class B issued shares remained at 70,163,253, indicating no overall change in the total shares outstanding.

The 2015 Equity Incentive Plan recorded the exercise of 67,000 share options, fulfilled through already issued shares held by the company’s depositary bank, resulting in no net increase to the total outstanding shares. The plan now shows 3,329,382 options remaining at the close of the month. Meanwhile, the 2024 Share Scheme continues to authorize up to 57,080,259 shares for future issuance or transfer. As of November 30, 2025, a total of 3,002,625 restricted share units under the 2015 plan and 339,000 restricted share units under the 2024 plan entitle holders to Class A ordinary shares upon vesting, all settled from existing shares without prompting new issuance.

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