UNIVERSAL ELECTRONICS INC

On November 4, 2025, the Company's Board of Directors of 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, repurchase up to the lesser of $3.5 million worth of its common stock or 778,362 shares (the total remaining number of shares available for repurchase under the Share Repurchase Program). This authorization will remain in effect until such time as the Board of Directors terminates the authorization or the Share Repurchase Program is executed in full. The Company may utilize various methods to effect the repurchases, including in privately negotiated and/or open-market transactions, and 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.