NEW YORK, May 21, 2025 — Autonomous driving tech firm WeRide Inc. (Nasdaq: WRD) announced its board has approved a share repurchase program, authorizing the company to buy back up to $100 million of its Class A ordinary shares, including American depositary shares, over the next year.

According to Jennifer Li, WeRide’s CFO and Head of International, the buyback program demonstrates confidence in the company’s business strength, financial stability, and future prospects, as well as a dedication to increasing shareholder value. Li stated that WeRide is well-positioned to invest in growth and return capital to shareholders due to its strong technology and commercial capabilities. The program, in their view, highlights the compelling investment opportunity WeRide’s stock represents.

The repurchases may occur periodically on the open market at prevailing prices, through private negotiations, in block trades, or via other legal means, depending on market conditions and regulations. The board will regularly assess the program’s progress and may modify, suspend, or terminate it as necessary. The company plans to use its existing cash reserves to fund the repurchases.

About WeRide

WeRide is a leading global company and pioneer in the autonomous driving sector and the first publicly listed robotaxi company. Its autonomous vehicles are being tested or operated in over 30 cities across 10 countries. Powered by the WeRide One platform, which is smart, versatile, cost-effective, and adaptable, WeRide offers autonomous driving products and services for various transportation needs across mobility, logistics, and sanitation in urban settings. WeRide was included in Fortune Magazine’s 2024 “The Future 50” list. More details can be found at .

Safe Harbor Statement

This release includes forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995’s safe harbor provisions. These statements are identifiable by terms like “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. Forward-looking statements, which are not historical facts, include statements regarding WeRide’s beliefs, plans, and expectations and are subject to risks and uncertainties. Further information about these risks can be found in WeRide’s SEC filings. The information in this release is current as of its date, and WeRide disclaims any obligation to update these statements unless required by law.

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