YNBY International Limited has approved an on-market share-repurchase scheme that allows the company to buy back up to 10% of its issued ordinary shares—equivalent to approximately 953.79 million shares—under a mandate granted at the 22 May 2026 AGM.

The board has set a funding ceiling of HK$39.00 million for the programme, to be financed entirely from existing cash reserves and free cash flow without resorting to external borrowing. Repurchased shares may be cancelled or held as treasury stock, subject to capital-management needs.

The authorisation runs from 28 May 2026 until the earlier of: 1) the conclusion of the next AGM, 2) the statutory deadline for holding that AGM, or 3) any revocation or revision of the mandate by shareholders. Each repurchase price must not exceed 5% above the average closing price of the shares over the five trading days immediately preceding the transaction.

The initiative will be executed in accordance with the company’s bye-laws, Hong Kong Listing Rules, the Securities and Futures Commission’s Codes on Takeovers and Share Buy-backs, and applicable Bermuda and Hong Kong laws. The board affirms that transactions will be managed to avoid triggering a mandatory offer under Rule 26 of the Takeovers Code and to maintain the public float above the Hong Kong Stock Exchange’s prescribed minimum.

Management states that the buy-back underscores confidence in the company’s business outlook and aligns with its long-term strategy, while emphasising that any actual repurchases will depend on prevailing market conditions and remain at the company’s discretion. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.