HBM Holdings Updates Capital Structure: 0.03 Million-Share Buyback, 0.05 Million New Shares Issued for Awards

Bulletin Express05-07

HBM Holdings Limited disclosed fresh movements in its share capital on 7 May 2026 under Hong Kong Listing Rule 13.25A.

• On-market repurchase: The company bought back 0.03 million shares at a volume-weighted average price of HKD 13.28, spending HKD 0.44 million. The transaction represents 0.0038% of the outstanding share count before the event. All repurchased shares are being kept as treasury stock.

• Share award issuance: To satisfy grants under the Post-IPO Share Award Scheme adopted on 23 November 2020, HBM issued 0.05 million new ordinary shares at nil consideration, equal to 0.0060% of pre-event outstanding shares.

As a result of these two transactions: – Issued shares (excluding treasury stock) rose slightly to 871.35 million from 871.34 million. – Treasury shares increased to 27.57 million. – Total issued shares now stand at 898.92 million.

Repurchase mandate utilisation: Since the current mandate was approved on 11 June 2025 (authorising up to 82.83 million shares), the company has repurchased 9.23 million shares, equivalent to 1.11% of the shares outstanding at the mandate date. A 30-day moratorium on new issues or treasury-share sales runs until 6 June 2026.

Shares pending cancellation: HBM still holds 0.41 million repurchased shares from January 2025 awaiting cancellation, acquired at an average price of HKD 2.27 per share.

The board confirms that all transactions complied with Hong Kong listing rules and relevant legal requirements.

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