UCLOUDLINK Group Inc. (NASDAQ: UCL) announced its board of directors has authorized a share repurchase program allowing the company to buy back up to US$2,000,000 of its Class A ordinary shares. The authorization permits the company to execute purchases until the close of business on December 31, 2027, U.S. Eastern Time.

As the world’s first and leading mobile data traffic sharing marketplace, UCLOUDLINK utilizes this capital allocation strategy to return value to shareholders. The program provides flexibility in timing and volume of repurchases, subject to market conditions and other factors.

Program Details

The repurchase plan outlines specific parameters for the buyback execution:

• Authorized Amount: Up to US$2,000,000
• Share Class: Class A ordinary shares
• Expiration Date: December 31, 2027
• Ticker: UCL (NASDAQ)

The company did not disclose specific timing for initial purchases or expected completion rates within the announcement period.

Ucloudlink Group Inc. (NASDAQ: UCL) will report its unaudited financial results for the second quarter ended June 30, 2026, before U.S. markets open on Tuesday, August 18, 2026. The announcement provides investors with an early look into the performance of the world’s first mobile data traffic sharing marketplace, which leverages cloud SIM technology to connect users with network operators. This disclosure is critical for stakeholders monitoring the company’s operational momentum in the telecommunications sharing economy sector.

Management will hold a conference call to discuss these results at 8:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) on the same day. The company emphasized that participants should dial in at least 10 minutes before the scheduled start time and request connection to the call for "UCLOUDLINK GROUP INC." A live and archived webcast of the conference call will be available at https://ir.ucloudlink.com .

Conference Call Access Details

Investors and analysts can access the live conference call through the following toll-free and international numbers:

A telephone replay of the conference call will be available one hour after its conclusion until August 26, 2026. Listeners can access the replay by dialing the numbers below and using passcode 10053729:

About UCLOUDLINK GROUP INC.

UCLOUDLINK Group Inc. operates as the world’s first and leading mobile data traffic sharing marketplace, pioneering a sharing economy business model for the telecommunications industry. The company’s products and services deliver value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs), and mobile network operators (MNOs). By leveraging innovative cloud SIM technology and architecture, UCLOUDLINK redefines the mobile data connectivity experience, allowing users to access shared mobile data traffic allowances from network operators while ensuring reliable connectivity, high speeds, and competitive pricing.

For further information, investors may contact Daniel Gao at UCLOUDLINK Group Inc. (+852-2180-6111, ir@ucloudlink.com ) or Christian Arnell, Managing Director at Christensen Advisory (+852-2117-0861, ucloudlink@christensencomms.com ).