ZTO Express-W Repurchases 3.90 Million ADS for USD 87.91 Million; Issued Share Count Unchanged

Bulletin Express06-16

ZTO Express (Cayman) Inc. (ZTO Express-W) disclosed on 16 June 2026 that it has repurchased a total of 3.90 million American depositary shares (ADS), each representing one Class A ordinary share, between 20 May and 15 June 2026 on the New York Stock Exchange.

Key figures and timetable • Repurchase volume: 3,901,131 ADS (Class A shares). • Consideration: approximately USD 87.91 million, implying a volume-weighted average price of about USD 22.53 per ADS. • Price range: USD 22.03–22.99 per ADS over the 18 trading sessions. • Latest daily transaction (15 June 2026): 217,909 ADS bought for USD 4.996 million at prices between USD 22.76 and USD 22.99.

Impact on share capital • Issued Class A ordinary shares remained at 563.80 million; Class B shares unchanged at 206.10 million. • Total issued share capital therefore stands at 769.90 million shares, with the repurchased ADS yet to be cancelled and still counted as outstanding as of 15 June 2026. • The cumulative 3.90 million shares bought represent roughly 0.51 % of total issued shares and 0.69 % of the Class A float.

Repurchase mandate utilisation • The current buyback authority, granted on 17 June 2025, allows the company to repurchase up to 80.45 million shares. • Including the latest transactions, 20.21 million shares have been repurchased under this mandate, utilising 25.13 % of the authorised capacity, equivalent to 2.51 % of the issued shares at the mandate date.

Post-repurchase restrictions • In line with Hong Kong Stock Exchange rules, ZTO Express-W is subject to a moratorium on issuing new shares or disposing of treasury shares until 15 July 2026.

All transactions were approved by the board and executed in compliance with Hong Kong Listing Rules and the New York Stock Exchange’s repurchase regulations.

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