ANTENGENE-B (06996) announced that on August 29, 2025, the board of directors has resolved to approve the proposal to exercise its powers under the share repurchase mandate, and will repurchase shares in the open market from time to time based on market conditions at a maximum total consideration of HK$40 million. The shares to be repurchased will subsequently be cancelled or held by the company as treasury shares.

The board believes that conducting share repurchases under current circumstances demonstrates the company's confidence in its business prospects and outlook, and will ultimately benefit the company and create value for shareholders. The board is confident that the company's current financial resources will enable it to implement the proposed share repurchase while maintaining a sound financial position. The board considers that the proposed share repurchase is in the best interests of the company and its shareholders as a whole.