Form 3 Filing for Agora, Inc. - Initial Statement of Beneficial Ownership

This filing details the initial beneficial ownership of Agora, Inc. (API) by its CFO, Wang Jingbo, as of March 31, 2026. The report includes holdings of both derivative and non-derivative securities. Derivative holdings consist of stock options and Restricted Stock Units (RSUs) with various vesting conditions tied to time and the company's ADS price. Specifically, there are options to buy 514,250 ADSs at an exercise price of $0.40, and another 450,000 ADSs via incentive stock options at $4.50. Additionally, 450,000 RSUs are held, with vesting contingent on achieving certain ADS price thresholds ($6.00, $10.00, $15.00) by September 4, 2028. Non-derivative holdings include 345,547 ADSs. One ADS represents four Class A Ordinary Shares. The reporting owner, Wang Jingbo, is identified by CIK 0002035043 and resides in Shanghai, China.