Kuaishou Technology (01024) Issues 1,000 New Shares and Updates Share Repurchase Progress

Bulletin Express12-03

Kuaishou Technology (01024) disclosed the exercise of 1,000 options under its Post-IPO share option scheme on December 2, 2025, at HKD 62.3 per share. Following this issuance, the number of issued Class B ordinary shares increased from 3,612,895,313 to 3,612,896,313.

The company also reported share repurchases not yet canceled. On November 26, 2025, 400,000 shares were repurchased for cancellation at HKD 68.7222 per share, and on December 3, 2025, an additional 440,000 shares were repurchased for cancellation at an average price of HKD 67.6176 per share.

Under a separate repurchase report, Kuaishou Technology confirmed that on December 3, 2025, it repurchased a total of 440,000 shares on the Exchange, at a highest price of HKD 67.9 and a lowest price of HKD 67.35, for an aggregate of HKD 29,751,744. According to the company, these repurchases are in accordance with the repurchase mandate granted on June 19, 2025, which authorized up to 428,392,652 shares to be repurchased.

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