Qunabox Group Limited has authorized an on-market share repurchase of up to HK$200.00 million, equivalent to as many as 26.49 million shares, representing 10% of the company’s issued share capital (excluding treasury shares). The buyback will be executed under the Repurchase Mandate approved at the 22 May 2026 annual general meeting.

The board believes the current share price undervalues Qunabox’s intrinsic worth and that the initiative should enhance shareholder returns while signaling confidence in the Group’s long-term prospects. Repurchases will be financed entirely with internal resources, and management has pledged to avoid any action that could materially weaken working-capital levels or cause public float to fall below Hong Kong Stock Exchange thresholds.

All transactions will comply with the Listing Rules, the Codes on Takeovers and Mergers and Share Buy-backs, the Companies Act of the Cayman Islands, and the company’s constitutional documents. Bought-back shares may be cancelled or retained as treasury stock depending on prevailing market conditions and capital-management requirements.

As of the announcement date, no shares have yet been repurchased. Execution timing, volume, and pricing remain at the board’s discretion and will depend on market conditions.

The board comprises Chairwoman, Executive Director and CEO Ms. Yin Juehui; Executive Directors Mr. Huang Aihua and Mr. Qian Jun; and Independent Non-executive Directors Dr. Che Lufeng, Mr. Zhu Lin, and Dr. Yang Bo. The company cautions shareholders and potential investors to exercise care when dealing in Qunabox securities.