HBM Holdings Cuts Float by 300,000 Shares, Issues 16,000 Award Shares; Treasury Stock Climbs to 31.63 Million

Bulletin Express05-20

HBM Holdings Limited disclosed on 20 May 2026 that it repurchased 300,000 ordinary shares on the Hong Kong Stock Exchange and simultaneously issued 16,000 new shares to satisfy awards under its Post-IPO Share Award Scheme.

Key transaction details • Repurchase: 300,000 shares (0.0346 % of outstanding) were bought back on-market at prices between HKD 11.80 and HKD 12.29, for a total consideration of HKD 3.57 million. All repurchased shares are being held as treasury stock. • Share awards: 16,000 new shares (0.0018 % of outstanding) were issued at nil consideration to non-director participants.

Capital structure after the transactions (20 May 2026) • Issued shares (excluding treasury): 867.68 million • Treasury shares: 31.63 million • Total issued shares (including treasury): 899.31 million

Historical repurchases awaiting cancellation • 406,000 shares bought back in January 2025 at an average price of HKD 2.30 remain to be cancelled.

Repurchase mandate utilisation • Current authority (granted 11 June 2025): up to 82.83 million shares. • Cumulative repurchases under the mandate: 13.30 million shares, representing 1.61 % of the company’s outstanding shares at the date of mandate approval. • A 30-day moratorium on further new share issues or treasury share sales is in effect until 19 June 2026 following the latest buyback.

The board confirms all transactions were conducted in accordance with Hong Kong listing rules and relevant regulations.

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