001380SZSE

Announcement on the Expiration of the First Lock-up Period of the 2025 Employee Stock Ownership Plan and Achievement of Unlocking Conditions

✨ AI Summary

This announcement informs that the first lock-up period of the 2025 Employee Stock Ownership Plan will expire on April 29, 2026. The performance targets for unlocking have been met, allowing for the release of 432,991 shares, which is 0.16% of the total share capital. The company will adhere to trading regulations and disclose further updates as necessary.

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The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Securities Code: 001380
Securities Abbreviation: Huawei Technology
Announcement No.: 2026-028

Announcement on the Expiration of the First Lock-up Period of the 2025 Employee Stock Ownership Plan

Huawei Technology Co., Ltd. (hereinafter referred to as "the Company") announces that the first lock-up period of the 2025 Employee Stock Ownership Plan (hereinafter referred to as "the Employee Stock Ownership Plan") will expire on April 29, 2026. Based on the company's performance in 2025, the unlocking conditions for the first lock-up period have been achieved. In accordance with the "Guiding Opinions on the Pilot Implementation of Employee Stock Ownership Plans by Listed Companies" and the "Self-Regulatory Guidelines No. 1 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Main Board Listed Companies," the relevant information is hereby announced as follows:

I. Approval and Implementation of the Employee Stock Ownership Plan

  1. The Company held the 20th meeting of the third board of directors on February 25, 2025, and the second extraordinary general meeting of shareholders on March 13, 2025, where the proposal on the "2025 Employee Stock Ownership Plan (Draft)" and its summary was reviewed and approved, allowing the Company to implement the 2025 Employee Stock Ownership Plan. For specific details, please refer to the announcements disclosed by the Company on February 26, 2025, and March 14, 2025, on the Giant Tide Information Network (http://www.cninfo.com.cn).
  2. On April 29, 2025, the Company received the "Securities Transfer Registration Confirmation" issued by the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. The Company repurchased 585,124 shares of its stock, which were transferred to the "Huawei Technology Co., Ltd. - 2025 Employee Stock Ownership Plan" special account on April 28, 2025, accounting for 0.32% of the Company's total share capital, at a transfer price of 14.78 yuan/share. For specific details, please refer to the announcement disclosed by the Company on April 30, 2025, on the Giant Tide Information Network (http://www.cninfo.com.cn).

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