UNIVERSAL ELECTRONICS INC

On May 6, 2025, the Board of Directors of Universal Electronics Inc. (the "Company") authorized management to continue the share repurchase program approved in October 2023 (the "Share Repurchase Program"). Pursuant to this authorization, the Company may, from time to time until August 6, 2025, repurchase up to the lesser of $4.0 million worth of its common stock or 778,362 shares (the total remaining number shares available for repurchase under the Share Repurchase Program) in privately negotiated and/or open-market transactions, including pursuant to plans complying with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934. Neither this authorization nor the Share Repurchase Program obligates the Company to repurchase any shares of its common stock, and any repurchase of shares will be subject to market and other conditions and may be discontinued at any time.