Kuaishou Technology filed a Next Day Disclosure Return (dated 27 July 2026) detailing multiple capital-base movements between 20 and 27 July 2026.

• Share repurchase and cancellation – 14.73 million Class B shares bought back between 16 June and 17 July were cancelled on 27 July. – The volume-weighted average repurchase price was HK$42.88, implying a cash outlay of roughly HK$631.76 million. – The cancellation equates to 0.34% of the company’s issued share capital prior to the transaction.

• Option exercises – Employees exercised 24,522 options under the 6 February 2018 Pre-IPO incentive scheme at HK$0.3273 per share, resulting in the same number of new Class B shares being issued. – The new shares added less than 0.001% to the issued capital.

• Share-class conversion – 2.26 million unlisted Class A ordinary shares were converted into listed Class B shares on 27 July. – Post-conversion, Class A shares decreased to 662.86 million, while Class B shares increased to 3.66 billion.

• Post-transaction share capital Total issued shares now stand at 4.33 billion (3.66 billion Class B; 662.86 million Class A), down by 14.71 million shares from the 4.34 billion outstanding on 17 July 2026. The company holds no treasury shares, and no repurchases remain to be cancelled.

Kuaishou confirmed that all issuances, conversions and cancellations were authorised by the board and executed in full compliance with Hong Kong listing rules and relevant regulatory requirements.