Kuaishou Technology (Kuaishou-W) reported a marginal increase in its share capital alongside an active buy-back programme, according to the company’s Next Day Disclosure Return filed on 17 July 2026.

New share issue • On 17 July 2026, 50,151 Class B shares were issued upon exercise of options granted under the 6 February 2018 Pre-IPO employee incentive scheme. • The new shares represent approximately 0.0012% of the 3,676,223,297 Class B shares outstanding before the issue. • Exercise price: HK$0.3273 per share. • Post-allotment, total issued shares (A + B classes) rose to 4,341.39 million, of which 3,676.27 million are Class B shares.

Share repurchases awaiting cancellation • Between 16 June and 17 July 2026, Kuaishou repurchased 14.73 million Class B shares that remain uncancelled, equal to 0.34% of the company’s issued share capital as of 15 July 2026. • The repurchases were executed on the Hong Kong Stock Exchange at volume-weighted average prices ranging from HK$41.11 to HK$47.21, for an estimated total outlay of about HK$631.76 million. • The latest transaction on 17 July 2026 involved 1.11 million shares at prices between HK$43.26 and HK$44.28, costing HK$48.62 million.

Repurchase mandate utilisation • The current general mandate, approved on 25 June 2026, permits the company to buy back up to 432.69 million shares. • To date, 12.30 million shares have been repurchased under this mandate, representing 0.28% of the issued share capital on the mandate date. • In line with Hong Kong Listing Rules, Kuaishou is subject to a 30-day moratorium on new share issues or treasury-share sales until 16 August 2026.

Capital structure snapshot (post-events, before cancellation of repurchased shares) • Class A ordinary shares: 665.12 million • Class B ordinary shares: 3,676.27 million • Total shares in issue: 4,341.39 million

All disclosures have been confirmed by the board and the company secretary as compliant with Hong Kong Listing Rules and relevant regulations.