Lenovo Group Limited announced that its issued convertible notes with a total amount of $675 million and an annual interest rate of 3.375% have been converted and written off in full due 2024. The conversion process began with the announcement of 25 January 2019 and the conversion and write-off of some bonds took place between 27 November 2023 and 10 January 2024. The final phase was completed from January 11 to 17, 2024, converting notes totaling $2,704,000 in principal amount and further issuing 3,425,866 shares of common stock to bondholders. These bonds represent approximately 0.40% of the initial principal amount and the converted shares represent approximately 0.03% of the Company's total issued shares. As all bonds are converted and written off, there will be no outstanding bonds and the bonds will be delisted from the HKEx on 24 January 2024. Lenovo Group Chairman and Chief Executive Officer Yang Yuanqing made this announcement on 17 January 2024.

Lenovo Group Limited announced that its issued convertible notes with a total amount of $675 million and an annual interest rate of 3.375% have been converted and written off in full due 2024. The conversion process began with the announcement of 25 January 2019 and the conversion and write-off of some bonds took place between 27 November 2023 and 10 January 2024. The final phase was completed from January 11 to 17, 2024, converting notes totaling $2,704,000 in principal amount and further issuing 3,425,866 shares of common stock to bondholders. These bonds represent approximately 0.40% of the initial principal amount and the converted shares represent approximately 0.03% of the Company's total issued shares. As all bonds are converted and written off, there will be no outstanding bonds and the bonds will be delisted from the HKEx on 24 January 2024. Lenovo Group Chairman and Chief Executive Officer Yang Yuanqing made this announcement on 17 January 2024.