Extreme Rabbit Express - W: intends to repurchase company shares not exceeding HK$2 billion.

Extreme Rabbit Express - Announcement W, the Board of Directors has approved a proposed public market share repurchase plan, intending to repurchase Class B shares on the public market with a fund limit not exceeding 2 billion Hong Kong dollars, and the total number of shares repurchased not exceeding 967 million Class B shares. The repurchase funds will come from the company's existing available cash reserves and free cash flow. The Board of Directors believes that the trading price of Class B shares undervalues the group's performance and intrinsic value, and the repurchase plan will create capital management benefits for shareholders.