BAMA TEA (06980) announced that, pursuant to a special resolution passed by shareholders at the Annual General Meeting held on April 21, 2026, the company's board of directors has been granted a general mandate to repurchase up to 5.2987 million H-shares. This represents 10% of the total issued H-shares (excluding treasury shares) in circulation as of the date of the Annual General Meeting. During the validity period of the H-share repurchase mandate, the company intends to utilize this authorization, subject to appropriate market conditions, to buy back its issued H-shares on the open market from time to time. The total amount allocated for the repurchases will not exceed RMB 250 million (or the equivalent in Hong Kong dollars). The company stated it currently maintains healthy cash flow and a robust overall financial position, which can support the sustained development of its business operations. The board of directors believes that the value of the H-shares trading on the market is underestimated. The proposed share buyback is expected to demonstrate the company's confidence in its business outlook and prospects, enhance returns for shareholders, and ultimately benefit the company and create value for its shareholders, aligning with their overall interests.