SANTA CLARA, Calif., Dec. 02, 2024 — Agora, Inc. (NASDAQ: API), a leading real-time engagement technology company, announced that its senior management team has voluntarily agreed to a lock-up period effective immediately, expiring December 31, 2025.

To demonstrate their confidence in Agora’s long-term value, Founder, Chairman, and CEO Tony Zhao, CTO and Chief Scientist Shawn Zhong, CFO Jingbo Wang, and Vice President Robbin Liu—all executive officers—have committed, as outlined in their letters of undertaking, to refrain from directly or indirectly selling any shares they beneficially own until December 31, 2025. An exception allows Mr. Zhong to sell up to 0.4 million ADSs (representing 1.6 million Class A ordinary shares) for personal financial reasons, with the sale expected to conclude by December 31, 2024.

About Agora, Inc.

Agora, Inc. is a Cayman Islands holding company overseeing two independent divisions operating under the Agora and Shengwang brands through separate entities.

Headquartered in Santa Clara, California, Agora is a global leader in Real-Time Engagement Platform-as-a-Service (PaaS). It provides developers with user-friendly APIs to integrate real-time voice, video, interactive live streaming, chat, whiteboard, and AI capabilities into their applications.

Shengwang, headquartered in Shanghai, China, is a leading Real-Time Engagement PaaS provider in the Chinese market.

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CONTACT: Investor Contact:
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