Huawei Technology: Shareholders holding more than 5% of the shares plan to reduce their holdings by no more than 1.92% of the shares.

Huawei Technology announced that Waze Investment, a shareholder holding 5.7728% of the shares, plans to reduce its holdings by no more than 5.2 million shares within three months after 15 trading days from the date of the announcement, through centralized bidding or block trading, accounting for 1.9199% of the total share capital of the company. The reason for the reduction is the operational needs of the fund during the exit period, and the shares were acquired before the company went public. Waze Investment has obtained the shareholder reduction policy of the venture capital fund, and its reduction plan is consistent with previous commitments. This reduction will not lead to a change in control, nor will it have a significant impact on the company's operations.