Tayho advanced materials completes restricted share repurchase and cancellation

Tayho Advanced Materials Group Co., Ltd. announced the completion of the repurchase and cancellation of 156,000 restricted shares from 10 incentive recipients. This action, approved by resolutions from the board of directors and supervisors on September 29, 2025, and by the third interim general meeting of shareholders on October 23, 2025, reduces the company's total share capital from 857,213,183 shares to 857,057,183 shares. The repurchased shares represent 0.02% of the company's total share capital prior to the cancellation.

The shares were repurchased at a price of 8.60 yuan per share, with the total repurchase amount of 1.3566 million yuan sourced from the company's own funds. This initiative addresses incentive recipients who no longer meet the eligibility criteria of the 2022 restricted stock incentive plan, primarily due to termination of employment or personal reasons.

The company confirms that the repurchase and cancellation fully comply with relevant laws and regulations and will not materially impact its financial condition, operating results, or stock distribution. The total number of unreleased restricted shares under the 2022 plan decreased from 5,685,000 to 5,529,000 shares following this transaction.