CUTIA-B (02487) intends to implement a share buyback plan.

CUTIA-B (02487) announces that the Company intends to implement a share buyback plan for the period from October 2, 2026 to December 31, 2026 (both dates inclusive). The share buyback plan will be implemented by exercising the powers granted to the Board by shareholders under the general mandate to repurchase shares at the annual general meeting of the Company held on June 26, 2026. The Company intends to repurchase its shares on the open market within the following parameter ranges: 1. Maximum funds available for share repurchases: RMB 30 million (equivalent to approximately HK$34.9 million), based on (a) a maximum of 36,336,800 shares that the Board is authorized to repurchase under the share repurchase mandate; and (b) the recent market price levels at which the shares are traded on the Main Board of The Stock Exchange of Hong Kong Limited. As stated in the circular published by the Company on April 24, 2026, if the exercise of the share repurchase mandate would have a material adverse impact on the Company's working capital requirements and/or debt levels, the Directors do not intend to exercise the share repurchase mandate, and will only exercise the repurchase powers if they consider that repurchases are in the overall best interests of the Company and its shareholders. As at the date of this announcement, the Board does not intend to fully implement the share repurchases under the share buyback plan. 2. Duration of the share buyback plan: from October 2, 2026 to December 31, 2026 (both dates inclusive). During such period, the share buyback plan will be implemented by exercising the powers of the Board under the share repurchase mandate, and in compliance with the Company's memorandum and articles of association, the Listing Rules of the Stock Exchange, the Codes on Takeovers and Mergers and Share Buy-backs, and all other applicable laws and regulations. 3. Repurchase price: pursuant to the Listing Rules, the repurchase price per share shall not be more than 5% higher than the average closing price of the shares for the five trading days immediately preceding each repurchase. 4. Source of funds: the Company intends to use its available cash flow and internal resources to fund the repurchase of shares, while maintaining sufficient financial resources to sustain the continued growth of its business. The Board believes that the share buyback plan can demonstrate the Company's full confidence in the long-term prospects of its business, and will ultimately bring benefits to the Company while creating value for shareholders.