Baidu, Inc. (BIDU-W) has disclosed the repurchase of 10.17 million Class A ordinary shares on the Hong Kong Stock Exchange between 7 and 30 September 2026, according to the Next Day Disclosure Return filed on 30 September 2026. The transactions were executed under the general mandate approved on 26 August 2026.

Key Figures • Share count unchanged: Issued Class A shares stood at 2.21 billion both before and after the reporting period; no treasury shares were held. • Volume repurchased: 10.17 million shares, equivalent to approximately 0.46 % of issued share capital as of 29 September 2026 (0.37 % of the shares authorised for buy-back under the mandate). • Pricing range: HK$84.55–HK$92.38 per share, implying an estimated average purchase price of HK$88.46. • Cash outlay: Aggregate consideration for the September repurchases is calculated at roughly HK$899.55 million. • Latest trade (30 Sep): 586,600 shares repurchased on-market at HK$84.55–HK$86.15 for HK$49.99 million.

Mandate utilisation and limits • Shares bought to date under the August mandate total 10.17 million, or 0.37 % of the 273.36 million shares authorised for repurchase. • A moratorium on new share issues or treasury-share sales runs until 30 October 2026.

Next steps All shares acquired in September are earmarked for cancellation but had not yet been cancelled as of 30 September 2026. The board confirms that every transaction complied with Hong Kong listing rules and applicable regulations, and no material changes have been made to the explanatory statement filed on 27 July 2026.