Kuaishou Technology Issues 21.40 Thousand Shares on Option Exercise; Repurchases 10.14 Million Shares for HKD 462.60 Million

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Kuaishou Technology disclosed a Next Day Disclosure Return covering share capital movements up to 31 March 2026.

Share-based issuance • On 31 March 2026, 21,400 Class B weighted-voting-rights (WVR) ordinary shares were allotted following the exercise of options under the Pre-IPO employee incentive scheme adopted on 6 February 2018. • Issue price: HKD 0.3273 per share. • Impact: the Class B share count rose 0.0005 % to 3,657.51 million, lifting total issued shares (Class A + Class B) to 4,353.26 million.

On-market share repurchases for cancellation • Between 26 and 31 March 2026, the company bought back 10.14 million Class B shares for subsequent cancellation: – 26 Mar: 6.52 million shares at HKD 45.69 (approx. HKD 298.68 million) – 27 Mar: 1.08 million shares at HKD 46.19 (approx. HKD 49.66 million) – 30 Mar: 1.88 million shares at HKD 44.89 (approx. HKD 84.59 million) – 31 Mar: 0.66 million shares at HKD 44.82–45.12, costing HKD 29.70 million

• Total consideration for the four sessions is estimated at HKD 462.60 million. • The 10.14 million shares represent 0.23 % of the company’s issued share capital before the repurchases.

Repurchase mandate utilisation • The current mandate, granted on 19 June 2025, authorises buybacks of up to 428.39 million shares. • Cumulative purchases under this mandate now stand at 29.41 million shares, or 0.69 % of the issued share count on the mandate date, leaving substantial headroom.

Regulatory timetable • Under Hong Kong Listing Rule 10.06(3)(a), Kuaishou is subject to a moratorium on new share issues or treasury-share sales until 30 April 2026. • All repurchases were executed on the Hong Kong Stock Exchange in compliance with applicable listing rules.

Capital structure snapshot (post-events) • Class B shares in issue: 3,657.51 million • Repurchased but not yet cancelled Class B shares: 10.14 million • Total issued shares (Class A + Class B): 4,353.26 million

The filing was signed by Joint Company Secretary Matthew Huaxia Zhao on 31 March 2026.

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