GUANGZHOU, China, June 09, 2025 — Sound Group Inc. (NASDAQ: SOGP), a global social and entertainment company focused on audio, announced today that its board of directors has authorized a share repurchase program. Under this program, the Company can repurchase its Class A ordinary shares (including those in the form of American depositary shares) for up to $4 million, effective immediately.

Sound Group’s Founder, CEO, and Chairman, Jinnan (Marco) Lai, stated that the $4 million share repurchase program demonstrates the company’s confidence in its growth potential and supports its flexible capital structure and strategic development. He affirmed the company’s commitment to creating lasting value for shareholders, users, and the community by expanding its market presence, promoting innovation, and strengthening its resilience.

The repurchases may occur periodically in the open market at prevailing prices, through private negotiations, in block trades, or via other legally acceptable methods, depending on market conditions and in accordance with relevant regulations. The quantity of ADSs repurchased, as well as the timing and conditions of repurchases, may be influenced by factors such as share price, trading volume, overall market conditions, Sound Group’s working capital needs, and general business conditions, all while adhering to applicable rules and regulations. The company intends to fund the repurchases using its existing cash reserves or future cash flow from operations.

About Sound Group Inc.

Sound Group Inc. is a global audio-centric social and entertainment company with a mission to build the world’s largest audio platform for enhanced connection and communication. The Company aims to shape a future where audio bridges gaps and strengthens human connection through sound. Sound Group Inc. has been listed on Nasdaq since January 2020.

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Safe Harbor Statement

This release contains forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements, which are not historical facts, involve the Company’s beliefs and expectations and are considered forward-looking. These statements are subject to risks and uncertainties that could cause actual results to differ significantly. Factors contributing to these differences include, but are not limited to: the Company’s goals and strategies; future business development, operating results, and financial condition; anticipated growth in the online audio market; expected user acquisition rates, particularly for paying users; the Company’s ability to monetize its user base; fluctuations in economic and business conditions in China and international markets; economic conditions in China and elsewhere; changes in applicable laws, regulations, rules, policies, or guidelines; and underlying assumptions. Forward-looking statements can often be identified by terms such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” and similar expressions. Further details on these and other risks are available in the Company’s filings with the Securities Exchange Commission. All information in this press release is current as of the release date, and the Company disclaims any obligation to update this information unless required by law.

For investor and media inquiries, please contact:

Sound Group Inc.
IR Department
E-mail: ir@soundgroupinc.com

Piacente Financial Communications
Jenny Cai
E-mail: soundgroup@tpg-ir.com

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