JST Group Cuts Outstanding Shares by 3.04 Million via HK$46.18 Million Buybacks, Confirms Adequate Public Float

Bulletin Express07-06

JST Group Corporation Limited released its monthly return to Hong Kong Exchanges and Clearing Limited for June 2026, outlining a material reduction in its outstanding share count driven by an active on-market repurchase programme, while affirming continued compliance with the Main Board’s 15% minimum public-float requirement.

Key share capital movements • Authorised share capital remained unchanged at 1.00 billion ordinary shares with a par value of USD 0.0001 each, equivalent to total authorised capital of USD 0.10 million.

• Total issued shares were stable at 436.26 million. However, issued shares excluding treasury shares fell by 3.04 million to 422.80 million, as these shares were bought back and transferred to treasury. Treasury share holdings consequently rose to 13.46 million, representing 3.09% of total issued shares (up from 2.39% a month earlier).

Share repurchase activity During June, JST Group executed three on-market buyback tranches: 1) 245,000 shares on 3 June at HK$18.07 each 2) 1.94 million shares on 10 June at HK$15.69 each 3) 0.85 million shares on 26 June at HK$13.19 each

The aggregate 3.04 million shares repurchased equate to 0.72% of the company’s issued share base, at a total consideration of approximately HK$46.18 million, implying a volume-weighted average price of HK$15.18 per share. All repurchased shares were retained as treasury stock.

Equity incentive schemes • The Pre-IPO Share Option Scheme, adopted on 8 June 2023, had 1.46 million options outstanding at month-end, equal to about 0.34% of total issued shares. No options were exercised, and no treasury shares were transferred to satisfy option exercises in June. • The company reported no outstanding warrants, convertibles, or other share-issuance agreements beyond the option scheme.

Public float status Despite the increase in treasury shares, JST Group confirmed that its public float remains above the 15% threshold stipulated under Main Board Rule 13.32B, satisfying listing requirements as at 30 June 2026.

Governance The monthly return was filed on 6 July 2026 and signed by Executive Director Mr Luo Haidong, in accordance with Hong Kong Listing Rules.

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