TANWAN Inc. (09890) Reports Monthly Equity Movements as of 28 February 2026

Bulletin Express03-04

Tanwan Inc. (Stock code: 09890) released its monthly return for the period ended 28 February 2026. The authorized share capital remained unchanged at US$50,000, with 2.50 billion ordinary shares authorized at a par value of US$0.00002 each.

The total number of issued shares stood at 534.44 million, of which 523.02 million shares were in issue (excluding treasury shares), and 11.42 million shares were held as treasury shares. Compared to the close of the previous month, the number of treasury shares increased by 2.46 million. The issuer confirmed that it continues to meet the applicable public float requirement.

The Pre-IPO Share Option Plan had 4.26 million outstanding share options with no new shares exercised during the month. A zero coupon convertible bond issue due 2027 remained at HK$468.00 million, convertible at HK$23.50 per share, with up to 19.91 million ordinary shares issuable upon full conversion.

All transactions were duly authorized, and the relevant regulatory requirements were observed.

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