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Noah Holdings Private Wealth and Asset Management Limited disclosed via Next Day Disclosure Return repurchases of ADSs representing ordinary shares on the New York Stock Exchange from December 23, 2025 to February 20, 2026 under the repurchase mandate granted at the June 12, 2025 annual general meeting; these shares are for cancellation but not yet cancelled, with issued ordinary shares unchanged at 335,258,287 as of March 24, 2026. A clarification announcement confirmed Deloitte Touche Tohmatsu's agreed-upon procedures for the 2025 annual results per HKSRS 4400 (Revised).