Sea Ltd
For the period ended May 12, 2026. Filed May 12, 2026.
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May 12, 2026 · Filed May 12, 2026
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Contents
EX-99.1 · Share Repurchase Program
Share Repurchase Program
During the first quarter of 2026, pursuant to our US$1.0 billion share repurchase program, we have repurchased 1.8 million shares for an aggregate amount of US$168.4 million.
1 For a discussion of the use of non-GAAP financial measures, see “Non-GAAP Financial Measures”.
2 Off-book loans principal outstanding mainly refers to channeling arrangements, which is lending by other financial institutions on our platform.
3 GAAP revenue for Garena plus change in Garena’s deferred revenue. This operating metric is used as an approximation of cash spent by our users in the applicable period that is attributable to Garena.
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