On 13 May 2026, Tanwan Inc. (incorporated in the Cayman Islands) executed an on-market buyback of 133,000 ordinary shares on the Hong Kong Stock Exchange.

• Transaction details – Repurchase volume: 133,000 shares – Price range: HKD 14.97 – HKD 15.22 per share – Volume-weighted average price (VWAP): HKD 15.11 per share – Cash outlay: HKD 2.01 million

• Capital structure after the repurchase – Issued shares outstanding (excluding treasury): 521.53 million – Treasury shares: 12.91 million – Total issued shares (including treasury): 534.44 million – Single-day reduction in outstanding shares: 0.03 %

• Repurchase mandate utilisation – Mandate authorisation date: 19 June 2025 – Mandate size: 53.31 million shares – Cumulative shares bought back under the mandate: 11.52 million, representing 2.16 % of the company’s issued shares when the mandate was granted.

The company is restricted from issuing new shares or disposing of treasury shares until 12 June 2026, in line with Hong Kong listing rules following the latest buyback.