Initial Statement of Beneficial Ownership of Securities

This filing reports the initial beneficial ownership of securities by Wang Hua Tony, Chief Revenue Officer of Agora, Inc. (API). The report details holdings as of April 1, 2026. Tony directly owns 334,090 ADSs. Additionally, Tony holds an Incentive Stock Option (Right to Buy) for 1,200,000 ADSs, with an exercise price of $4. This option is subject to performance-based vesting, with tranches vesting upon meeting specific performance goals. The options expire on September 4, 2034. One ADS represents four Class A Ordinary Shares. The filing is an initial statement, indicating this is the first report of ownership for Tony.