Tanwan Inc., a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange, disclosed a further share repurchase under its existing mandate granted on 17 June 2026.

Key Transaction Details • Date of repurchase: 6 October 2026 • Shares repurchased: 153,600 ordinary shares • Price range: HKD 9.88 – HKD 10.02 per share • Volume-weighted average price: HKD 9.96 per share • Aggregate consideration: HKD 1.53 million

Capital Structure Impact • Issued shares (excluding treasury shares) fell to 517.17 million from 517.32 million, a 0.03% reduction. • Treasury shares increased to 17.27 million from 17.12 million. • Total issued shares remained unchanged at 534.44 million, as the repurchased shares are held in treasury rather than cancelled.

Repurchase Mandate Utilisation Since the 17 June 2026 AGM approval, Tanwan has repurchased 4.06 million shares in the market, equal to 0.78% of the company’s issued shares on the mandate date. The latest transaction leaves the company authorised to buy back up to 48.06 million additional shares before the mandate’s limit of 52.12 million is reached.

Regulatory Considerations In line with Hong Kong Listing Rules, Tanwan is subject to a 30-day moratorium—running until 5 November 2026—during which it cannot issue new shares or dispose of treasury shares without prior Exchange approval.

All repurchases were executed on the Hong Kong Stock Exchange and complied with the company’s board authorisations, applicable listing rules, and regulatory requirements.