Zhihu-W (02390.HK) repurchased 87,558 Class A ordinary shares on the New York Stock Exchange on October 20, 2026 (U.S. time), at a price range of USD1.165 to USD1.1667 per share, for a total consideration of USD102,146.5. The repurchased shares are intended to be cancelled.

On the same day, the company also repurchased 29,186 American Depositary Shares (ADS) on the NYSE at a price of USD3.4999 per ADS, with each ADS representing three Class A ordinary shares.

As of October 20, 2026, the company's total issued shares stood at 259,652,105, comprising 244,789,786 Class A ordinary shares and 14,862,319 Class B ordinary shares. Neither the issued shares (excluding treasury shares) nor the treasury shares changed as a result of this repurchase.

The repurchase authorization resolution was approved on June 30, 2026, permitting a maximum repurchase of 25,461,758 shares. As of this repurchase, the company has cumulatively bought back 9,182,796 shares under the authorization, representing 3.607% of the issued shares (excluding treasury shares) as of the date the resolution was passed.

The moratorium period on any new share issuance or resale or transfer of treasury shares following this repurchase extends until November 19, 2026.