JD Logistics, Inc. (JD Logistics) has disclosed a dual move affecting its share capital:

1. New-share issuance • On 1 June 2026 the company allotted 4.50 million ordinary shares under the Post-IPO Share Award Scheme adopted on 10 May 2021. • The shares, issued at nil consideration to non-director participants, represent approximately 0.07 % of the 6.67 billion shares outstanding before the transaction. • As a result, the company’s issued share capital (excluding treasury shares) rose to 6.68 billion shares.

2. Accelerated share buy-back • Between 15 May and 1 June 2026 the company repurchased 23.29 million shares on the Hong Kong Stock Exchange for cancellation. • The daily repurchase prices ranged from HKD 12.89 to HKD 14.27 per share. • The most recent tranche, executed on 1 June 2026, involved 1.85 million shares at prices between HKD 12.97 and HKD 13.41, costing HKD 24.60 million. • All repurchased shares are pending cancellation. The purchases were made under the general mandate granted on 20 June 2025, which authorises buy-backs of up to 664.81 million shares. To date, utilisation stands at 0.35 % of the share base on the mandate date.

Capital structure impact • Current issued shares (before cancelling the repurchased stock): 6.68 billion. • Pro-forma issued shares after cancelling the 23.29 million repurchased shares: about 6.65 billion, implying a net reduction of roughly 18.79 million shares (-0.28 %) after offsetting the 4.50 million new-share issuance.

No treasury shares are held on balance as at 1 June 2026, and a 30-day moratorium on new share issues or treasury share sales is in effect until 1 July 2026, in accordance with Hong Kong listing rules.