On 25 August 2026, Activation Group Holdings Limited filed a Next Day Disclosure Return with the Hong Kong Stock Exchange, outlining a repurchase of 190,000 ordinary shares on the open market.

The shares were repurchased at prices between HKD0.72 and HKD0.75, translating into a volume-weighted average cost of HKD0.734 per share and an aggregate consideration of approximately HKD0.14 million. All repurchased shares are being held as treasury shares; none have been cancelled.

Following the transaction, the company’s issued share capital (excluding treasury shares) decreased to 744.55 million shares from 744.74 million, representing a 0.026% reduction. The total outstanding share count, including treasury shares, remains 744.74 million.

The buyback was conducted under the general mandate approved on 21 May 2026, which authorises the repurchase of up to 74.47 million shares. To date, 190,000 shares have been utilised under this mandate, equivalent to 0.26% of the authorised limit.

A 30-day moratorium on new share issues, or the sale or transfer of treasury shares, is in effect until 24 September 2026, in accordance with Hong Kong listing rules.