Man Wah Holdings Limited disclosed on 27 May 2026 that its issued share capital remained unchanged at 3.88 billion ordinary shares as of the same date, while elaborating on recent share repurchase activities conducted under its existing mandate.

Key points

1. Share capital status • Opening and closing issued shares (excluding treasury shares): 3,878.08 million. • No treasury shares were held as at 27 May 2026; all repurchased shares await formal cancellation.

2. Recent repurchases awaiting cancellation • Between 18 May and 27 May 2026, the company bought back 23.20 million shares on the Stock Exchange of Hong Kong. • The aggregate repurchased volume equals 0.60% of the share capital authorised under the buyback mandate granted on 30 June 2025, which permits repurchases of up to 387.81 million shares. • Average repurchase prices (HKD per share) by trading date: – 18 May: 3.7814 for 8.23 million shares – 19 May: 3.7404 for 5.00 million shares – 20 May: 3.6107 for 1.97 million shares – 21 May: 3.6027 for 2.00 million shares – 22 May: 3.5841 for 2.00 million shares – 26 May: 3.5854 for 2.00 million shares – 27 May: 3.5480 for 2.00 million shares

3. Specifics of the latest transaction (27 May 2026) • Volume: 2.00 million shares earmarked for cancellation. • Price range: HKD 3.52–3.59 per share. • Consideration: HKD 7.10 million.

4. Post-repurchase constraints In line with Main Board Rule 10.06(3)(a), Man Wah Holdings is subject to a moratorium on new share issues until 26 June 2026.

The board confirms that all repurchases complied with Hong Kong Stock Exchange regulations and the terms of the explanatory statement dated 6 June 2025.