Scholar Education Group executed another on-market share purchase for its Share Award Scheme, reinforcing management’s view that the current valuation is attractive.

On 13 May 2026, the scheme’s trustee acquired 2.60 million shares at an average price of HK$1.26, bringing the cash outlay to approximately HK$3.28 million. The purchase represents 0.386% of the company’s issued share capital.

Following the transaction, the trustee now holds 15.20 million shares, equivalent to 2.26% of total shares outstanding. These shares will be reserved for future grants to selected participants according to the scheme rules and trust deed.

The board reiterated that the prevailing share price “significantly undervalues” Scholar Edu’s intrinsic worth and confirmed that further market purchases may be instructed when conditions are deemed appropriate. Vesting quantities and conditions for individual award recipients will continue to be set at the board’s discretion.