CaoCao INC. disclosed marginal capital structure adjustments following trading on 30 September 2026, combining a treasury share repurchase with a small option-driven issuance.

• Share repurchase: – Volume: 76,300 ordinary shares, acquired on the Hong Kong Stock Exchange. – Price range: HKD 11.73–12.19; volume-weighted average price: HKD 12.09. – Cash outlay: HKD 0.92 million. – Shares will be held in treasury; no cancellations were recorded. – Repurchases to date under the 8 June 2026 mandate total 6.64 million shares, or 1.14 % of the company’s issued share base at the mandate date. The mandate permits up to 58.30 million shares to be bought back. A 30-day moratorium on new issues or treasury share sales applies until 30 October 2026.

• Option-related issuance: – 4,500 new ordinary shares were allotted upon exercise of employee options granted under the Pre-IPO Share Incentive Plan (adopted November 2022). – Issue price: RMB 1.692 per share.

• Resulting capital structure (30 September 2026): – Issued shares (excluding treasury): 579.13 million, down 0.01 % from the prior day. – Treasury shares: 7.30 million, up 1.06 % from 29 September 2026. – Total issued shares (including treasury): 586.43 million, a net increase of 4,500 shares following the option exercise.

The board confirms all transactions complied with Hong Kong Listing Rules and relevant regulatory requirements.