Tanwan Inc. (incorporated in the Cayman Islands, listed on the Hong Kong Stock Exchange) repurchased 261,000 ordinary shares on 5 October 2026, utilising its existing share-buyback mandate. The transaction, executed on the Exchange, was carried out at prices between HK $9.66 and HK $9.83 per share, translating into a volume-weighted average of HK $9.75 and an aggregate consideration of HK $2.54 million.

Following the buyback, the company’s issued share capital (excluding treasury stock) declined by 0.05% to 517.32 million shares, while treasury shares increased to 17.12 million. Total issued shares remained unchanged at 534.44 million.

The repurchase forms part of the authority granted by shareholders on 17 June 2026, which allows Tanwan to buy back up to 52.12 million shares. Cumulative purchases under this mandate have reached 3.90 million shares, representing 0.75% of the shares outstanding as of the mandate date. In line with Hong Kong listing rules, Tanwan is subject to a moratorium on issuing new shares or disposing of treasury shares until 4 November 2026.

The board confirmed that the transaction complied with all applicable legal and regulatory requirements, including the Hong Kong Stock Exchange’s Main Board Rules.