Kunlun Energy Company Limited disclosed a series of on-market share repurchases totaling 4.81 million ordinary shares between 25 March and 10 April 2026. The aggregate consideration amounted to HKD 35.93 million, implying a volume-weighted average price of HKD 7.47 per share.

The most recent transaction on 10 April 2026 involved 696,000 shares, repurchased at prices ranging from HKD 7.40 to HKD 7.42, for a cash outlay of HKD 5.16 million.

All 4.81 million repurchased shares are earmarked for cancellation. As of 10 April 2026, Kunlun Energy’s issued share capital remained unchanged at 8.66 billion shares, with the cancelled shares yet to be removed from the register.

The repurchases were conducted under the mandate approved on 29 May 2025, which authorises the company to buy back up to 865.88 million shares. Cumulative buybacks to date represent 0.06% of the shares outstanding on the mandate approval date, leaving substantial headroom for further purchases.

In line with Hong Kong Listing Rules, Kunlun Energy is subject to a moratorium on issuing new shares, or selling or transferring treasury shares, until 10 May 2026.