In the absence of any other comments, recitals (41) to (42) of the provisional Regulation are confirmed.

Lenovo Group announced its first-quarter results for the fiscal year 2026/27 on August 14, 2026, revealing record-breaking financial performance. The company, listed on the Hong Kong Stock Exchange (HKSE: 992) and through American Depositary Receipts (ADR: LNVGY), reported total revenue of $26.9 billion, marking a 43 percent increase compared to the same period last year. This represents the highest quarterly revenue growth in the past five years and the most successful quarter in the company’s history. All business groups within Lenovo achieved record revenues and operating profits for the first quarter. Adjusted net profit rose by 176 percent year-over-year to $1.1 billion, surpassing the one-billion-dollar mark for the first time. The adjusted net margin improved by nearly two percentage points, driven by higher sales volume and continued efficiency improvements. Revenue related to User Interaction (UI) increased by 60 percent year-over-year to $9.3 billion, accounting for 35 percent of the group's total revenue. Research and development expenditures grew by 30 percent during the quarter, reflecting ongoing investment in innovation. The first-quarter results highlight Lenovo’s ability to implement its Hybrid AI strategy effectively in operations. The company has solidified its position as a leading provider of personal computers and smart devices while rapidly establishing itself as a global leader in UI solutions and infrastructure. The Infrastructure Solutions Group (ISG) stood out with record results, reinforcing its role as a key driver of growth and profitability for Lenovo. As the official technology partner of FIFA, Lenovo provided UI-related solutions and services for the FIFA World Cup 2026™, which took place across three countries and 16 cities, featuring 48 national teams playing 104 matches. Lenovo supported the tournament with hardware, infrastructure, services, solutions, and innovations backed by UI technologies, aiding in global broadcasts, team analytics, refereeing technology, and fan experiences. The partnership allowed Lenovo to strengthen relationships with clients, generate new business opportunities, and enhance its global standing as a leading player in UI technology. Operational resilience remained a critical competitive advantage for Lenovo during the quarter. The company leveraged its scale of operations, the Global/Local supply chain model, close relationships with suppliers, and comprehensive operational approach to effectively anticipate and manage supply constraints and cost pressures. These conditions helped reinforce Lenovo’s competitive position. Yuanqing Yang, chairman and CEO of Lenovo, stated, “Following our best-ever fiscal year in Lenovo’s history, we have now achieved the most successful quarter to date. Growth is accelerating, profitability continues to improve, and UI is emerging as a growth driver across all business groups. We are proud that we are enhancing our leadership position in personal computers and smart devices by quickly establishing Lenovo as a global leader in UI and infrastructure, validating the correctness of our strategic directions. With Hybrid AI strategy, operational excellence, and continuous innovation, Lenovo is not only successfully adapting to market changes but also capitalizing on opportunities to strengthen our position. We are confident that we can deliver sustainable long-term growth and create greater value for our shareholders.” Financial Highlights Intelligent Devices Group (IDG) Revenue for the IDG reached a record $17.1 billion in the first quarter of the fiscal year, representing a 27 percent year-over-year increase. Growth was even stronger in the segment focused on personal computers and smart devices, reaching nearly 30 percent. The operating margin remained the industry-leading at 7.1 percent, reflecting operational excellence, supply chain resilience, and further innovations. Lenovo has reinforced its leading position in the global personal computer market, achieving a market share of 24.2 percent. It maintains a significant lead over the second-largest competitor.