Kanzhun Limited, the operator of recruitment platform BOSS Zhipin-W, reported two capital-market transactions dated 4 June 2026: a minor employee option exercise and another sizeable ADS repurchase on the Nasdaq Global Select Market.

1. Change in Issued Shares • 2,000 Class A ordinary shares were issued upon employee option exercise at USD 5.33 per share. • Outstanding shares rose marginally from 840.58 million to 840.58 million, a dilution of just 0.00021%. • After the issuance, 549,502 Class A ordinary shares remain on deposit for future ADS grants under the company’s share-incentive plans.

2. Latest Repurchase Activity • On 4 June 2026 the company bought back 840,198 Class A shares (ADSs) on Nasdaq at prices between USD 7.09 and USD 7.19, spending USD 6.00 million. • These shares are earmarked for cancellation, subject to settlement.

3. Ongoing Buy-back Programme • Shareholders approved a mandate on 27 June 2025 permitting repurchase of up to 91.61 million shares. • Cumulative buy-backs under the mandate now stand at 28.40 million shares, equal to 3.10% of the shares outstanding on the mandate date. • Following the latest transaction, Kanzhun faces a 30-day moratorium—until 4 July 2026—on issuing new shares or re-selling treasury stock, in line with Hong Kong listing rules.

4. Shares Pending Cancellation • Between 20 March and 4 June 2026, Kanzhun repurchased 27.55 million shares that are still awaiting formal cancellation. Prices ranged from USD 6.56 to USD 7.38 per share.

Capital actions disclosed were authorised by the board and executed in compliance with Hong Kong and U.S. regulatory requirements. There are no treasury shares held; all repurchased shares are intended for cancellation once processed.