Pony AI Inc. Supplemental and Updated Disclosure for Hong Kong Listing

Pony AI Inc. has published a prospectus in Hong Kong in connection with a proposed dual primary listing of its Class A ordinary shares on the Main Board of the Hong Kong Stock Exchange. The prospectus includes new and supplemental descriptions of the company's business, financial information, and arrangements with cornerstone investors. The company recorded a period-over-period increase in revenue for the first nine months of 2025, driven by growth in robotaxi and licensing and applications revenues. The company has entered into cornerstone investment agreements with several investors, committing to subscribe for shares worth a total of $120 million. The listing and offering are subject to various closing conditions, including the approval of the Hong Kong Stock Exchange.