Announcement • May 22
UGREEN Announces Nexode And MagFlow Air Editions UGREEN, a global consumer technology company, announced the launch of its new Nexode and MagFlow Air Editions, a collection of ultra-portable charging solutions tailored for Apple users. The Air Editions combine compact design, powerful performance, and dependable safety, delivering truly pocket-sized fast charging for life on the go. At the forefront is the Nexode Air 65W Charger, a compact yet powerful solution for MacBook Air users. Despite its tiny size, it delivers up to 65W of stable fast charging. Beyond MacBook Air, it also provides ample power for iPhone, iPad, AirPods, and other Apple devices, making it a versatile companion for both work and travel. For users seeking an even slimmer form factor, UGREEN also offers the Nexode Air 45W Charger Slim as an ultra-portable alternative. Both products are equipped with UGREEN's Thermal Guard temperature control and offer broad compatibility across Apple devices, ensuring safe and reliable charging in a compact form. Away from an outlet, the MagFlow Air Magnetic Power Bank 10000mAh 15W provides seamless on-the-go charging. Its Qi2-certified 15W magnetic charging enables effortless use, while a built-in USB-C cable and additional USB-C port offer flexibility. Powered by premium ATL battery cells, it ensures enhanced safety and reliable performance. The UGREEN Nexode and MagFlow Air Editions reflect the brand's commitment to innovation, delivering products that are compact yet powerful. Alongside the three highlighted products, the lineup also includes the Nexode Air 65W Charger Slim and MagFlow Air Magnetic Power Bank 5000mAh 15W, giving users more flexible options for different charging needs. The UGREEN Nexode Air 65W Charger and MagFlow Air Magnetic Power Bank 10000mAh 15W are now available in the United States through the UGREEN Official Store and Amazon. Nexode Air 65W Charger MSRP: $39.99. Nexode Air 45W Charger Slim MSRP: $39.99. MagFlow Air Magnetic Power Bank 10000mAh 15W MSRP: $79.99. Declared Dividend • May 13
Dividend of CN¥0.60 announced Shareholders will receive a dividend of CN¥0.60. Ex-date: 15th May 2026 Payment date: 15th May 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 2 years ago. However, payments have been volatile during that time. EPS is expected to grow by 106% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Apr 01
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (60% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. 
