National Electronics Holdings Limited disclosed a series of on-market share repurchases conducted between 1 September and 13 October 2026 under its existing buyback mandate.

Key details:

• Volume and timing: A cumulative 3.07 million ordinary shares were repurchased across 19 trading days, including 60,000 shares on 13 October 2026.

• Pricing: Repurchase prices ranged from HKD 0.35 to HKD 0.36 per share, with the final 13 October purchase executed at HKD 0.36. The total cash consideration for the programme to date amounts to approximately HKD 1.10 million.

• Issued share capital: The company’s issued share count remained at 912.07 million shares as at 13 October 2026. All repurchased shares are intended for cancellation and have not yet been removed from the issued total.

• Mandate utilisation: Shareholders authorised the repurchase of up to 91.26 million shares at the 27 August 2026 annual general meeting. The 3.07 million shares bought represent 0.336% of the company’s issued share capital on the mandate date, leaving 97% of the authority unused.

• Moratorium: In accordance with Hong Kong listing rules, National Electronics is restricted from issuing new shares or transferring any treasury shares until 12 November 2026, 30 days after the latest repurchase.

The company confirmed that all transactions complied with Main Board Rule 10.06 and that no material changes have occurred to the previously issued explanatory statement dated 30 July 2026.