Tanwan Inc. disclosed a repurchase of 143,800 ordinary shares on 14 May 2026, executed on the Hong Kong Stock Exchange under its existing buyback mandate dated 19 June 2025.

• Transaction details – Volume: 143,800 shares, equal to 0.03 % of the company’s issued share capital (excluding treasury shares) at the start of the day. – Price: repurchases were made between HKD 14.58 and HKD 15.35 per share, with a volume-weighted average cost of approximately HKD 14.89. – Cash outlay: HKD 2.14 million.

• Impact on share capital structure (as at 14 May 2026) – Issued shares excluding treasury stock slipped from 521.53 million to 521.39 million. – Treasury shares increased from 12.91 million to 13.05 million. – Total issued shares remained unchanged at 534.44 million, as the repurchased shares were retained as treasury stock rather than cancelled.

• Utilisation of repurchase mandate – To date, Tanwan has bought back 11.67 million shares under the 53.31 million-share mandate, representing 2.19 % of the company’s outstanding shares when the mandate was approved. – A 30-day moratorium on issuing, selling or transferring shares is now in place until 13 June 2026, in line with Hong Kong listing rules following an on-market buyback.

All transactions were authorised by the board and executed in compliance with Hong Kong Stock Exchange listing requirements and relevant regulations.