Sound Group Completes Cancellation of Repurchased Shares

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SINGAPORE, Oct. 07, 2025 — Sound Group Inc (“Sound Group” or the “Company”) (NASDAQ: SOGP), a global company focused on audio-centric social and entertainment experiences, today announced the successful completion of the cancellation of all 951,252 American depositary shares (“ADSs”) that were repurchased under its US$4 million share buyback program. This program had been approved by the Company’s board of directors (the “Board”) in June 2025.

To date, Sound Group has repurchased a total of 951,252 ADSs, incurring an aggregate cost of US$3,999,984.99 (excluding transaction-related expenses). Following the elimination of these repurchased shares, the Company’s total issued and outstanding shares amount to approximately 832,000,000 ordinary shares, which is equivalent to 4.16 million ADSs.

Mr. Jinnan (Marco) Lai, the founder, CEO, and Chairman of the Board of Sound Group, commented, “We are very pleased with the successful conclusion of our share repurchase program. By deploying nearly all of the allocated funds to buy back and reduce the number of outstanding shares, we have effectively enhanced earnings per share. This action clearly demonstrates our dedication to delivering shareholder value and our confidence in the Company’s intrinsic worth. Supported by a robust balance sheet and rigorous execution, we remain optimistic about our long-term growth prospects and will continue to advance our strategic initiatives. With both our repurchase and cash dividend programs now finalized, we are actively exploring further avenues to return value to our shareholders as the Company continues its expansion.”

Sound Group is committed to maintaining transparency in its information and ensuring investors are kept informed about the Company’s progress. Any significant plans or material activities will be communicated promptly, in accordance with all disclosure obligations.

About Sound Group Inc.

Sound Group Inc. is a global audio-centric social and entertainment firm driven by a clear mission and vision: to build the world’s largest audio platform for enhanced connection and communication. The Company is dedicated to shaping a future where audio not only bridges gaps but also amplifies human connection through the power of sound. Sound Group Inc. has been listed on Nasdaq since January 2020.

For more details, please visit: https://ir.soundgroupinc.com/

Safe Harbor Statement

This press release contains forward-looking statements. These declarations are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including those regarding the Company’s beliefs and expectations, constitute forward-looking statements. Such statements involve inherent risks and uncertainties, and several factors could cause actual results to differ materially from those expressed in any forward-looking statement. These factors include, but are not limited to: the Company’s goals and strategies; its future business development, operational results, and financial condition; the anticipated expansion of the online audio market; expectations concerning the rate of acquiring active users, particularly paying users; the Company’s capability to monetize its user base; fluctuations in general economic and business conditions across China and international markets; the broader economy in China and elsewhere; any adverse alterations in laws, regulations, rules, policies, or guidelines applicable to the Company; and assumptions underlying or related to any of the foregoing. In certain instances, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. Further details regarding these and other risks, uncertainties, or factors are provided in the Company’s filings with the Securities Exchange Commission. All information furnished in this press release is current as of its publication date, and the Company does not assume any obligation to update such information, except as mandated by applicable 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