Exhibit 99.1

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Tuya Inc.

塗鴉智能*

(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)

(HKEX Stock Code: 2391)

(NYSE Stock Ticker: TUYA)

GRANT OF RESTRICTED SHARE UNITS

PURSUANT TO THE 2015 EQUITY INCENTIVE PLAN

Pursuant to Rule 17.06A, Rule 17.06B and Rule 17.06C of the Listing Rules, the Board announces that on April 9, 2024, the Company has resolved to grant 90,000 RSUs to two employees of the Group to subscribe for an aggregate of 90,000 Class A Ordinary Shares under the 2015 Equity Incentive Plan, subject to respective acceptance by the Grantees. The Grants are subject to the terms and conditions of the 2015 Equity Incentive Plan and the award agreements entered into between the Company and each of the Grantees.

Details of the Grants are set out below:

* For identification purposes only There was no arrangement for the Company or any of its subsidiaries to provide financial assistance to Grantees to facilitate the purchase of Shares underlying the RSUs in relation to the Grants.

To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, none of the Grantees is (i) a Director, or a chief executive, or a substantial Shareholder, or an associate of any of them or senior manager of the Company; (ii) a participant with options and awards granted and to be granted exceeding the 1% individual limit under Rule 17.03D of the Listing Rules; or (iii) a related entity participant or service provider with options and awards granted and to be granted exceeding 0.1% of the total issued Shares in any 12-month period up to and including the date of the Grant. The Grants are not subject to approval of the Shareholders.

The purpose of the Grants is to provide additional incentives to the Grantees and to encourage and retain the Grantees to make contributions to the long-term development of the Group.

NUMBER OF SHARES AVAILABLE FOR FUTURE GRANTS

The Grants will be satisfied through utilizing the Class A Ordinary Shares or equivalent ADSs each representing one Class A Ordinary Share registered in the name of the depositary bank, within the plan limit of the 2015 Equity Incentive Plan. As at the date of this announcement and following the Grants, 56,571,052 underlying Class A Ordinary Shares remain available for future grants under the 2015 Equity Incentive Plan, and there is no service provider sublimit adopted under the 2015 Equity Incentive Plan.

The 2015 Equity Incentive Plan was adopted before the amendments to Chapter 17 of the Listing Rules took effect on January 1, 2023. The Company will continue to comply with Chapter 17 (as amended) of the Listing Rules to the extent required by the transitional arrangements for the 2015 Equity Incentive Plan.

DEFINITIONS

In this announcement, the following expressions shall have the following meanings unless the context requires otherwise:

Hong Kong, April 9, 2024

As at the date of this announcement, the Board comprises Mr. WANG Xueji, Mr. CHEN Liaohan, Mr. YANG Yi and Ms. LIU Yao as executive Directors; and Mr. HUANG Sidney Xuande, Mr. QIU Changheng, Mr. KUOK Meng Xiong (alias GUO Mengxiong) and Mr. YIP Pak Tung Jason as independent non-executive Directors.