EDDING GENOR (06998) Chairman Ni Xin plans to invest up to $1 million to increase his shareholding in the company.

EDDING GENOR (06998) announced that, given his confidence in the company's future development prospects and recognition of its long-term investment value, Mr. Ni Xin (Mr. Ni, Chairman of the Board, Executive Director, and CEO of the Group) intends to use his personal funds to purchase additional shares of the company in the open market (share buyback plan), subject to compliance with the Listing Rules of the Hong Kong Stock Exchange and other applicable laws and regulations. The share purchases will commence on August 31, 2026, with a maximum anticipated total amount of up to 1 million USD. According to the information obtained by the company and the knowledge and belief of the directors, should the share buyback plan be implemented, the company will continue to maintain an adequate public float of the issued shares. Meanwhile, as the lock-up period for publishing the Group's interim results for the six months ended June 30, 2026, has ended on August 28, 2026, the Board is pleased to announce that the proposed share buyback will commence on August 31, 2026, and the shares repurchased by the company will be used for employee incentives, market value management, or other purposes that the company considers beneficial to its operations. The Board believes that the proposed share buyback is in the best overall interest of the company and its shareholders.