Cathay Pacific: Intends to repurchase the shares held by Qatar Airways for HK $6.969 billion

On the morning of January 14th, Cathay Pacific announced on the Hong Kong Stock Exchange that it plans to conduct an off-market share buyback. Qatar Airways has agreed to sell or facilitate the sale, and the company has agreed to repurchase a total of 643,076,181 shares, representing approximately 9.57% of the issued shares on the final feasible date. This also represents all the shares Qatar Airways currently owns in the company. The repurchase price for each repurchased share is 10.8374 Hong Kong dollars, with a total repurchase cost of 6.969 billion Hong Kong dollars. After the share buyback is completed, the repurchased shares will be transferred to the company and held as treasury shares.