ZTO Express (Cayman) Inc. (ZTO Express-W) disclosed a series of share repurchases carried out on the New York Stock Exchange between 20 May and 4 June 2026.

• Volume and timing: The company bought back 2,345,381 American depositary shares (ADSs), each representing one Class A ordinary share, across 11 trading sessions.

• Consideration: Based on the disclosed per-share purchase prices, the total consideration amounted to USD 52.96 million, implying a volume-weighted average price of roughly USD 22.58 per ADS.

• Latest transaction: On 4 June 2026, ZTO repurchased 220,952 ADSs at prices ranging from USD 22.54 to USD 22.77, spending USD 4.99 million.

• Capital structure: As of 4 June 2026, the company’s issued share capital remains at 769.90 million shares, comprising 563.80 million Class A shares (listed in Hong Kong) and 206.10 million Class B shares carrying weighted voting rights. The repurchased ADSs, representing approximately 0.30 % of total issued shares, have not yet been cancelled.

• Repurchase mandate status: Since the current mandate was approved on 17 June 2025, ZTO has repurchased 18.66 million shares, utilising 2.32 % of the total shares outstanding on the mandate date. The company is subject to a 30-day moratorium on issuing new shares until 4 July 2026 following the latest buyback.

All transactions were authorised by the board and carried out in compliance with Hong Kong listing rules and relevant U.S. exchange regulations.