Robin Li's Baidu Ownership and Equity Awards Update

This Form 3 filing discloses the ownership and equity holdings of Robin Yanhong Li, Chairman and CEO of Baidu, Inc. (BIDU). As of March 18, 2026, Li directly holds 3,013,200 Class A ordinary shares and 3,530,768 Class A ordinary shares in ADS form. Through his wholly-owned company Handsome Reward Limited, he indirectly holds 4,392,000,000 Class B ordinary shares and 8,614,416 Class A ordinary shares in ADS form. The filing also reveals significant equity awards including 724,800 stock options exercisable at $21.888 per share expiring October 2026, 469,120 stock options exercisable at $23.251 per share expiring February 2027, and restricted shares totaling approximately 4.3 million Class A ordinary shares with vesting schedules beginning in August 2026 over 2-4 year periods. Li disclaims beneficial ownership of shares held by his wife, Melissa Ma, who holds 3,465,992 Class A shares and 84,720,000 Class B shares.