Announcement on the Company's Share Repurchase Plan and Report on Share Repurchase

Securities Code: 002701 Securities Abbreviation: 奥瑞金 (Orion) 2026-031

Announcement on the Company's Share Repurchase Plan and Report on Share Repurchase

奥瑞金科技股份有限公司 ("奥瑞金" or "the Company," "the Company") and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Key Information Highlights:

1. Total amount of funds for share repurchase: Not less than RMB 15,000.00 million (inclusive) and not more than RMB 25,000.00 million (inclusive).
2. Price of share repurchase: Not more than RMB 7.49 per share (inclusive).
3. Method of share repurchase: Through the centralized bidding transaction system of the Shenzhen Stock Exchange.
4. Source of funds for share repurchase: Own funds and/or self-raised funds.
5. Number of shares to be repurchased and proportion of the Company's total share capital: Calculated based on the upper limit of the repurchase amount and the upper limit of the repurchase price, the estimated number of shares to be repurchased is approximately 33,377,837 shares, accounting for about 1.30% of the Company's current total share capital; calculated based on the lower limit of the repurchase amount and the upper limit of the repurchase price, the estimated number of shares to be repurchased is approximately 20,026,702 shares, accounting for about 0.78% of the Company's current total share capital. The specific number of shares repurchased shall be subject to the actual number of shares repurchased upon the expiration of the repurchase period.
6. Repurchase period: Within twelve months from the date of deliberation and approval of the share repurchase plan by the Board of Directors.
7. Purpose of share repurchase: To implement employee stock ownership plans or equity incentives.
8. Whether relevant shareholders have a share reduction plan: As of the disclosure date of this announcement, the Company's directors, senior management, controlling shareholders, actual controllers and their concerted parties, and shareholders holding more than 5% of the shares have no clear plan to reduce their holdings of the Company's shares during the repurchase period and in the next three months and six months. If the aforementioned entities plan to implement share reduction plans in the future, the Company will strictly comply with relevant regulations and fulfill information disclosure obligations in a timely manner.
9. Risk Warning: (1) After this repurchase is deliberated and approved by the Company's Board of Directors, there is a risk that the repurchase plan may not be implemented or may only be partially implemented due to the continuous exceeding of the Company's stock price above the disclosed price limit of the repurchase plan. (2) If a major event occurs that has a significant impact on the trading price of the Company's shares, or if the Company's production and operation, financial situation, or external objective circumstances change significantly, or if other circumstances lead the Board of Directors to decide to terminate this repurchase, there is a risk that the repurchase plan may not be successfully implemented, or the repurchase plan may be changed or terminated according to regulations. (3) There is a risk that repurchased shares cannot be fully granted due to the employee stock ownership plan or equity incentive plan not being deliberated and approved by the Company's Board of Directors and shareholder meetings or other decision-making bodies, or due to the equity incentive recipients waiving their subscription rights.

The Company will implement share repurchases opportunistically based on market conditions within the repurchase period. If the above situations occur, the Company will fulfill its information disclosure obligations in a timely manner according to the progress of the repurchase matter. Investors are kindly requested to pay attention to investment risks.