HELENS(09869) plans to purchase shares on the market for the first time after the public offering of restricted stock unit plan.

HELENS (09869) announced that the Board of Directors believes that the current trading price of shares in the market is undervalued, providing a good opportunity to purchase shares for future granting of restricted stock units under the Executive Share Option Scheme. The company is confident in the development prospects of the group, and the Executive Share Option Scheme is not only an effective tool for retaining and attracting talent, but also can provide continuous support for the long-term development of the group by motivating the core team. Due to the increase in the maximum total number of rewards that may be granted under the Executive Share Option Scheme from 57.65 million shares to 77.65 million shares, the trustee of the Executive Share Option Scheme will purchase existing shares on the Stock Exchange according to the trust deed and the Executive Share Option Scheme, with a maximum purchase quantity of up to 20 million shares of the company's stock. After purchasing the shares on the market, the trustee (a third party independent of the company and its associates) will hold the shares in trust and transfer them to the grantees after the rewards are vested.