Announcement on the Share Repurchase Plan and Receipt of a Commitment Letter for Share Repurchase Loans from Financial Institutions

Stock Code: 300624 Stock Abbreviation: Wondershare Technology Announcement No.: 2026-025

Wondershare Technology Group Co., Ltd.

Announcement on the Share Repurchase Plan and Receipt of a Commitment Letter for Share Repurchase Loans from Financial Institutions

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Wondershare Technology Group Co., Ltd. (hereinafter referred to as the "Company") intends to use self-owned funds and self-raised funds to repurchase company shares through centralized bidding (hereinafter referred to as the "Repurchase"). The specific plan is as follows:

1. Purpose of the Repurchase: Intended for use in employee stock ownership plans or equity incentive plans.
2. Type of Shares: RMB-denominated ordinary shares (A-shares) issued by the Company.
3. Repurchase Price: Not exceeding 92.10 RMB per share (inclusive). This price cap does not exceed 150% of the average trading price of the Company's shares for the 30 trading days prior to the Board's approval of the repurchase plan.
4. Total Repurchase Funds: Not less than 25 million RMB (inclusive) and not more than 50 million RMB (inclusive).
5. Source of Funds: Self-owned funds and self-raised funds.
6. Repurchase Period: Within 12 months from the date the Board of Directors approves the repurchase plan.
7. Proportion of Shares to Total Capital: Based on the price cap of 92.10 RMB per share, the estimated number of shares to be repurchased is approximately 271,445 to 542,888 shares, representing approximately 0.14% to 0.28% of the current total share capital.
8. Share Reduction Plans: Upon inquiry, the controlling shareholder, actual controller, persons acting in concert, directors, and senior management have no clear plans to increase or decrease their holdings during the repurchase period.
9. Risk Warnings: (1) Risk that the stock price consistently exceeds the repurchase price cap, preventing full implementation. (2) Risk that shares may not be granted or may be cancelled if the employee stock ownership or equity incentive plans are not approved or if participants waive their rights. (3) The plan does not guarantee final execution; risks of change or termination exist. (4) The Company will make decisions based on market conditions and fulfill disclosure obligations.

The Company held the eighth meeting of the fifth Board of Directors on June 22, 2026, to approve the "Proposal on the Share Repurchase Plan."

I. Main Content of the Repurchase Plan

(I) Purpose and Use of Repurchase Based on confidence in the Company's future development and recognition of its value, the Company intends to repurchase shares to protect investor interests, enhance confidence, and improve long-term incentive mechanisms.

(II) Compliance with Conditions The repurchase complies with the "Rules for Share Repurchases by Listed Companies" and the "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 9 — Share Repurchases":

1. The Company's shares have been listed for at least 6 months.
2. No major illegal acts in the last year.
3. Ability to fulfill debts and continue operations after the repurchase.
4. Equity distribution meets listing requirements.
5. Other conditions stipulated by the CSRC and the Shenzhen Stock Exchange.

(III) Method and Price Range

1. The Company will repurchase via the Shenzhen Stock Exchange trading system through centralized bidding.
2. The price cap is 92.10 RMB per share. If the Company implements stock dividends, capital reserve conversion, cash dividends, or other ex-rights/ex-dividend events, the price cap will be adjusted accordingly.

(IV) Type, Purpose, Quantity, Proportion, and Total Funds

1. Type: RMB-denominated ordinary shares (A-shares).
2. Purpose: All repurchased shares will be used for employee stock ownership or equity incentive plans. If not used within three years, the shares will be cancelled.
3. Total Funds: 25 million to 50 million RMB.
4. Quantity and Proportion: Based on the 92.10 RMB price cap, the estimated quantity is 271,445 to 542,888 shares, or 0.14% to 0.28% of total share capital.