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EX-99.1
2
tm2619791d1_ex99-1.htm
EXHIBIT 99.1

Exhibit 99.1

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Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in
Securities
For the month ended: 30 June 2026 Status: New Submission
To : Hong Kong Exchanges and Clearing Limited
Name of Issuer: Tuya Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted: 06 July 2026
I. Movements in Authorised / Registered Share Capital
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange (Note 1) Yes
Stock code (if listed) 02391 Description
Number of authorised/registered shares Par value Authorised/registered share capital
Balance at close of preceding month 800,000,000 USD 0.00005 USD 40,000
Increase / decrease (-) USD
Balance at close of the month 800,000,000 USD 0.00005 USD 40,000
2. Class of shares WVR ordinary shares Type of shares B Listed on the Exchange (Note 1) No
Stock code (if listed) 02391 Description
Number of authorised/registered shares Par value Authorised/registered share capital
Balance at close of preceding month 200,000,000 USD 0.00005 USD 10,000
Increase / decrease (-) USD
Balance at close of the month 200,000,000 USD 0.00005 USD 10,000
Total authorised/registered share capital at the end of the month: USD 50,000

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II. Movements in Issued Shares and/or Treasury Shares and Public Float Sufficiency Confirmation
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange (Note 1) Yes
Stock code (if listed) 02391 Description
Number of issued shares
(excluding treasury shares) Number of treasury shares Total number of issued shares
Balance at close of preceding month 543,206,907 0 543,206,907
Increase / decrease (-) 0 0
Balance at close of the month 543,206,907 0 543,206,907
Public float sufficiency confirmation (Note 4)
Pursuant to Main Board Rule 13.32D(1) or 19A.28D(1) / GEM Rule 17.37D(1) or 25.21D(1), we hereby confirm that, in relation to the class of shares as set out above, as at the close of the
month:
 ✔ the applicable public float requirement (see below) has been complied with
the applicable public float requirement (see below) has not been complied with
The applicable minimum public float requirement for the class of shares as set out above pursuant to Main Board Rule 13.32B or 19A.28B / GEM Rule 17.37B or 25.21B (as the case may be) is:
Applicable public float threshold Initial Prescribed Threshold - 25% of the total number of issued shares in the class to which the listed shares belong
(excluding treasury shares)
Additional information
2. Class of shares WVR ordinary shares Type of shares B Listed on the Exchange (Note 1) No
Stock code (if listed) 02391 Description
Number of issued shares
(excluding treasury shares) Number of treasury shares Total number of issued shares
Balance at close of preceding month 70,162,633 0 70,162,633
Increase / decrease (-) 0
Balance at close of the month 70,162,633 0 70,162,633
Remarks:
Opening and closing balances of Class A ordinary shares shown above include 253,461 and 253,461 Class A ordinary shares which are already issued and registered in the name of our
depositary bank which are used to satisfy any future exercise or vesting of awards granted under the 2015 Equity Incentive Plan and 2024 Share Scheme, respectively. 

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III. Details of Movements in Issued Shares and/or Treasury Shares
(A). Share Options (under Share Option Schemes of the Issuer)
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange (Note 1) Yes
Stock code (if listed) 02391 Description
Particulars of share option scheme
Number of share
options outstanding at
close of preceding
month
Movement during the month
Number of share
options outstanding at
close of the month
Number of new shares
issued during the month
pursuant thereto (A1)
Number of treasury
shares transferred out of
treasury during the
month pursuant thereto
(A2)
Number of shares which
may be issued or
transferred out of
treasury pursuant
thereto as at close of
the month
The total number of
shares which may be
issued or transferred out
of treasury upon
exercise of all share
options to be granted
under the scheme at
close of the month
1). 2015 Equity Incentive Plan
(adopted in December 2014 and
amended in June 2022, as
amended from time to time)
2,572,056 Others -48,675 2,523,381 0 0 2,523,381 0
General Meeting approval date (if applicable)
2). 2024 Share Scheme
(adopted in June 2024, as
amended from time to time)
0 0 0 0 0 56,980,259
General Meeting approval date (if applicable)
Increase in issued shares (excluding treasury shares): 0 WVR ordinary shares A (AA1)
Decrease in treasury shares: 0 WVR ordinary shares A (AA2)
Total funds raised during the month from exercise of options: USD 2.43
Remarks:
1) Others: -48,675 refers to 48,675 options being exercised. The exercise of 48,675 options was settled by existing Class A ordinary shares purchased by trustee of 2015 Equity Incentive Plan to
satisfy exercise of options granted under the 2015 Equity Incentive Plan.
2) The total number of shares which may be issued or transferred out of treasury pursuant to exercise of all options to be granted, and vesting of all restricted share units or awards to be granted
under the 2024 Share Scheme as at the close of the month is 56,980,259.

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(B). Warrants to Issue Shares of the Issuer Not applicable

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(C). Convertibles (i.e. Convertible into Shares of the Issuer) Not applicable

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(D). Any other Agreements or Arrangements to Issue Shares of the Issuer, including Options (other than Share Option Schemes)
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange (Note 1) Yes
Stock code (if listed) 02391 Description
Description of other agreements or arrangements
General Meeting
approval date
(if applicable)
Number of new shares issued during
the month pursuant thereto (D1)
Number of treasury shares transferred
out of treasury during the month
pursuant thereto (D2)
Number of shares which may be issued
or transferred out of treasury pursuant
thereto as at close of the month
1). 2015 Equity Incentive Plan - Restricted Share Units (adopted in December 2014 and amended in
June 2022, as amended from time to time) 0 0 1,354,500
2). 2015 Equity Incentive Plan - Restricted Shares (adopted in December 2014 and amended in June
2022, as amended from time to time) 0 0 0
3). 2024 Share Scheme - Restricted Share Units (adopted in June 2024, as amended from time to time) 20 June 2024 0 0 606,500
Increase in issued shares (excluding treasury shares): 0 WVR ordinary shares A (DD1)
Decrease in treasury shares: 0 WVR ordinary shares A (DD2)
Remarks:
As of June 30, 2026, the restricted share units which entitle the holders to 1,354,500 Class A ordinary shares of the issuer upon vesting, have been granted under the 2015 Equity Incentive Plan.
No restricted share units were granted under the 2015 Equity Incentive Plan during the month. 116,250 restricted share units under the 2015 Equity Incentive Plan were vested during the month,
among which no restricted share units under the 2015 Equity Incentive Plan were settled using the Class A ordinary shares already issued and registered in the name of depositary bank. 11,250
restricted share units granted under the 2015 Equity Incentive Plan were lapsed during the month.
As of June 30, 2026, the restricted share units which entitle the holders to 606,500 Class A ordinary shares of the issuer upon vesting, have been granted under the 2024 Share Scheme.
200,000 restricted share units were granted under the 2024 Share Scheme during the month, which will be settled by existing Class A ordinary shares to be purchased by trustee of the 2024
Share Scheme. No restricted share units under the 2024 Share Scheme were vested during the month. No restricted share units granted under the 2024 Share Scheme were lapsed during the
month.

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(E). Other Movements in Issued Shares and/or Treasury Shares Not applicable
Total increase/ decrease (-) in issued shares (excluding treasury shares) during the month (i.e. Total of AA1 to EE1): 0 WVR ordinary shares A
Total increase/ decrease (-) in treasury shares during the month (i.e. Total of AA2 to EE2): 0 WVR ordinary shares A

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IV. Information about Hong Kong Depositary Receipt (HDR) Not applicable

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V. Confirmations
Pursuant to Main Board Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each of the securities issued, or the treasury shares
sold or transferred by the issuer during the month as set out in Parts III and IV which has not been previously disclosed in a return published under Main Board Rule 13.25A / GEM Rule 17.27A, it
has been duly authorised by the board of directors of the listed issuer and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as
applicable:
(Note 5)
(i) all money due to the listed issuer in respect of the issue of securities, or sale or transfer of treasury shares has been received by it;
(ii) all pre-conditions for listing imposed by the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited under "Qualifications of listing" have been fulfilled;
(iii) all (if any) conditions contained in the formal letter granting listing of and permission to deal in the securities have been fulfilled;
(iv) all the securities of each class are in all respects identical (Note 6);
(v) all documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to be filed with the Registrar of Companies have been duly filed and that compliance has
 been made with all other legal requirements;
(vi) all the definitive documents of title have been delivered/are ready to be delivered/are being prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii) completion has taken place of the purchase by the issuer of all property shown in the listing document to have been purchased or agreed to be purchased by it and the purchase
 consideration for all such property has been duly satisfied; and
(viii) the trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed and executed, and particulars thereof, if so required by law, have been filed with the
 Registrar of Companies.
Submitted by: Yang Yi
Title: Director
(Director, Secretary or other Duly Authorised Officer)

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Notes
1. The Exchange refers to The Stock Exchange of Hong Kong Limited.
2. In the case of repurchase of shares (shares repurchased and cancelled) and redemption of shares (shares redeemed and cancelled), "date of event" should be construed as
"cancellation date".
In the case of repurchase of shares (shares held as treasury shares), "date of event" should be construed as "date on which shares were repurchased and held by the issuer in
treasury".
3. The information is required in the case of repurchase of shares (shares repurchased for cancellation but not yet cancelled) and redemption of shares (shares redeemed but not yet
cancelled). Please state the number of shares repurchased or redeemed during the month or in preceding month(s) but pending cancellation as at close of the month as a negative
number.
4. "Initial Prescribed Threshold”, "Alternative Threshold” and "market value" have the meanings ascribed thereto under Main Board Rule 13.32A or 19A.28A / GEM Rule 17.37A or
25.21A. See also Main Board Rule 13.32D(4) or 19A.28D(4) / GEM Rule 17.37D(4) or 25.21D(4) on the basis of the public float disclosure.
5. Items (i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s) that is/are not applicable to meet individual cases. Where the issuer has already
made the relevant confirmations in a return published under Main Board Rule 13.25A / GEM Rule 17.27A in relation to the securities issued, or the treasury shares sold or
transferred, no further confirmation is required to be made in this return.
6. “Identical” means in this context:
 ． the securities are of the same nominal value with the same amount called up or paid up;
 ． they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to
exactly the same sum (gross and net); and
 ． they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.