China Mengniu Dairy Company Limited (Mengniu Dairy) disclosed that it repurchased 450,000 ordinary shares on 22 May 2026 via the Hong Kong Stock Exchange at prices between HKD16.72 and HKD16.82, for a consideration of HKD7.55 million.

Including this transaction, the company has repurchased 34.49 million shares under the mandate approved on 12 June 2025, equivalent to 0.88 % of the share capital outstanding on that mandate date. The board is authorised to repurchase up to 391.20 million shares, leaving more than 90 % of the mandate unused.

Issued share capital remained unchanged at 3,878.90 million shares as of 22 May 2026. A total of 3.87 million repurchased shares—about 0.10 % of the current share base—are awaiting cancellation, representing an aggregate cost of approximately HKD64.69 million at a volume-weighted average price of HKD16.72 per share.

Under Hong Kong listing rules, Mengniu Dairy is subject to a moratorium on new share issues until 21 June 2026 following the latest buy-back.