The extended lock-up period applies to roughly 22.9% of all outstanding common shares.

SHANGHAI, China, May 14, 2025 — Pony AI Inc. (Nasdaq: PONY), a leading company in the commercialization of autonomous mobility at scale, announced today that its Co-founder and CEO, Dr. Jun Peng, who also serves as Chairman of the Board, and its Co-founder and CTO, Dr. Tiancheng Lou, have both voluntarily agreed to extend their lock-up periods (the “Extended Lock-Ups”). These agreements encompass all shares of the Company’s capital stock, or securities that can be converted into, exchanged for, or exercised for any shares of the Company’s capital stock, directly or indirectly held by the co-founders. The extension will last for 540 days, beginning on May 25, 2025, which is when the Company’s initial public offering lock-up period expires.

The Extended Lock-Ups involve a total of 110,828 Class A ordinary shares and 81,088,770 Class B ordinary shares, which together account for approximately 22.9% of the Company’s total issued and outstanding ordinary shares as of the date of this announcement.

Dr. James Peng, Co-founder and CEO of Pony.ai, stated, “These voluntary extended lock-up agreements reflect our confidence in Pony.ai’s vision and our ability to execute our growth strategy. As we scale up our Robotaxi production and deployment, we believe this commitment will strengthen long-term shareholder confidence and promote sustainable value creation.”

About Pony AI Inc.

Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates Pony.ai’s proprietary software, hardware, and services, Pony.ai is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, Pony.ai has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. For more information, please visit: .

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Pony.ai’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Pony.ai’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Pony.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Pony.ai

Investor Relations
Email: ir@pony.ai

Media Relations
Email: media@pony.ai

Christensen Advisory

Email: pony@christensencomms.com

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