COSCO Shipping Holdings updates on share repurchase progress

COSCO Shipping Holdings has made significant progress in its A-share repurchase program, having bought back 50,000,065 shares as of November 30, 2025. This represents 0.323% of the company's total share capital, with a total expenditure of CNY 748,337,989.95 (excluding transaction fees). The repurchases were executed at prices ranging from CNY 14.86 per share to CNY 14.98 per share. The company commenced this round of repurchases on November 5, 2025, following board approvals in October 2025. The repurchase aims to safeguard the company's value and shareholder interests.

Separately, the company announced its repurchase of 3,000,000 H-shares on December 2, 2025, at the Hong Kong Stock Exchange. These shares were bought at prices between HK$13.62 and HK$13.81, totaling HK$41,053,030. These repurchases are part of a broader mandate approved on May 28, 2025, allowing for the repurchase of up to 287,981,950 shares. To date, 60,543,000 shares, representing 2.1023% of the outstanding shares at the time of the resolution, have been repurchased under this mandate. The company confirms that all repurchases comply with relevant listing rules.