Following thorough deliberations by the board of directors and the second extraordinary general meeting of shareholders in 2026, GigaDevice has announced its intention to repurchase A-share shares. This will be executed through centralized bidding transactions, utilizing between 1 to 2 billion yuan from its own or raised funds. The repurchase price ceiling is set at 750 yuan per share, with the repurchase period slated to commence within 6 months following approval from the general meeting of shareholders. All shares repurchased will be earmarked for cancellation and subsequent capital reduction. As of October 27, 2026, the company has successfully repurchased a cumulative total of 3.0086 million shares, representing 0.43% of the total share capital. The repurchase prices have varied, ranging from 271.43 yuan per share to 411.95 yuan per share. To date, the cumulative expenditure on these repurchases amounts to 1.115 billion yuan (transaction fees excluded).