For the month ended 30 September 2026, Kuaishou Technology reported a net reduction of 22.81 million shares across its two weighted-voting classes, driven primarily by an accelerated share-repurchase program.

• Share repurchases dominated activity. The company cancelled 22.91 million Class B shares on 24 September and recorded a further 3.92 million Class B shares repurchased for cancellation but not yet cancelled. • Offset came from a modest 0.11 million Class B shares issued through the exercise of pre-IPO employee options and the conversion of 3.51 million Class A shares into Class B shares.

Capital structure at 30 September 2026 • Class B outstanding shares: 3.64 billion, down 19.30 million from August. • Class A outstanding shares: 659.35 million, down 3.51 million. • Combined issued share capital: 4.30 billion shares. • Authorised capital remained unchanged at 8.67 billion Class B shares and 0.77 billion Class A shares (aggregate par value of USD 50,000).

Share-based incentive landscape • Outstanding options totaled 42.12 million, spread across the Pre-IPO Employee Incentive Scheme (15.91 million), Post-IPO Share Option Scheme (23.31 million) and the 2023 Share Incentive Scheme (2.91 million). • Potential future equity issuance capacity includes 222.57 million shares under the 2023 Share Incentive Scheme and 136.10 million restricted share units (2.89 million under the Post-IPO RSU Scheme; 133.21 million under the 2023 Share Incentive Scheme). • Option exercises generated HKD 0.03 million in proceeds during the month.

Regulatory compliance Kuaishou confirmed that its public float remained above the Main Board’s 25% threshold as of month-end, and all share movements were executed in accordance with Hong Kong Listing Rules and prior shareholder approvals.

The latest monthly return underscores Kuaishou’s continued focus on share buybacks, marginal share-based incentive dilution, and maintenance of regulatory compliance within its dual-class share structure.