Financial

Monthly Return of Equity Issuer on Movements in Securities: May 2026

Published by XD

Summary

The submission reports the equity movements of XD Inc. for May 2026, detailing authorised capital, issued shares, treasury holdings, and public float compliance. Authorised share capital remained unchanged at 1 billion ordinary shares with a nominal value of HKD 0.0001, equating to USD 100,000 in authorised capital. Issued shares decreased from 492,433,164 to 489,302,364, a net reduction of 3,130,800 shares, all of which were ordinary shares. Treasury share balances stayed at zero throughout the month. Share‑option activity under a plan adopted in June 2021 contributed 5,200 new ordinary shares to the issued pool, raising HKD 172,858. Concurrently, share repurchases and cancellations reduced the issued count by 3,136,000 shares; 285,000 of these were repurchased but not yet cancelled as of May 31, and 3,136,000 shares were repurchased and cancelled on May 19. No other convertible or alternative share‑issuance mechanisms were employed. Public float sufficiency was confirmed, with the company meeting the 25 % minimum threshold based on total issued shares excluding treasury holdings. The issuer affirmed that all board authorisations, regulatory compliances, and financial settlements related to the movements were satisfied. No new listing conditions or legal filings were outstanding beyond routine corporate obligations. Overall, XD Inc.’s May 2026 equity activity involved a modest net dilution from option exercise offset by significant share repurchases, maintaining compliance with Hong Kong Exchange listing rules and preserving adequate public float.

From the report

HKEXC M Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in Securities For the month ended: 31 May 2026 Status: New Submission To : Hong Kong Exchanges and Clearing Limited Name of Issuer: XD Inc. Date Submitted: 01 June 2026 I. Movements in Authorised / Registered Share Capital 1. Class of shares Ordinary shares Type of shares Not applicable Listed on the Exchange (Note 1) Yes Stock code (if listed) 02400 Description Number of authorised/registered shares Par value Authorised/registered share capital Balance at close of preceding month 1,000,000,000 USD 0.0001 USD 100,000 Increase / decrease (-) 0 USD 0 Balance at close of the month 1,000,000,000 USD 0.0001 USD 100,000 Total authorised/registered share capital at the end of the month: USD 100,000 Page 1 of 10 v 1.2.1

II. Movements in Issued Shares and/or Treasury Shares and Public Float Sufficiency Confirmation 1. Class of shares Ordinary shares Type of shares Not applicable Listed on the Exchange (Note 1) Yes Stock code (if listed) 02400 Description Number of issued shares Number of treasury shares Total number of issued shares (excluding treasury shares) Balance at close of preceding month 492,433,164 0 492,433,164 Increase / decrease (-) -3,130,800 Balance at close of the month 489,302,364 0 489,302,364 Public float sufficiency confirmation (Note 4) Pursuant to Main Board Rule 13.32D(1) or 19A.28D(1) / GEM Rule 17.37D(1) or 25.21D(1), we hereby confirm that, in relation to the class of shares as set out above, as at the close of the month: ✔ the applicable public float requirement (see below) has been complied with the applicable public float requirement (see below) has not been complied with The applicable minimum public float requirement for the class of shares as set out above pursuant to Main Board Rule 13.32B or 19A.28B / GEM Rule 17.37B or 25.21B (as the case may be) is: Applicable public float threshold Initial Prescribed Threshold - 25% of the total number of issued shares in the class to which the listed shares belong (excluding treasury shares) Additional information Page 2 of 10 v 1.2.1

III. Details of Movements in Issued Shares and/or Treasury Shares (A). Share Options (under Share Option Schemes of the Issuer) 1. Class of shares Ordinary shares Type of shares Not applicable Listed on the Exchange (Note 1) Yes Stock code (if listed) 02400 Description Number of shares which The total number of Number of share Number of treasury may be issued or shares which may be options outstanding at Number of share Number of new shares shares transferred out of transferred out of issued or transferred out Particulars of share option scheme close of preceding Movement during the month options outstanding at issued during the month treasury during the treasury pursuant of treasury upon month close of the month pursuant thereto (A1) month pursuant thereto thereto as at close of exercise of all share (A2) the month options to be granted under the scheme at close of the month 1). Share Option Plan adopted on 25 13,985,442 Exercised - new shares involved -5,200 13,980,242 5,200 13,980,242 28,966,564 June 2021 General Meeting approval date (if applicable) 25 June 2021 Increase in issued shares (excluding treasury shares): 5,200 Ordinary shares (AA1) Decrease in treasury shares: Ordinary shares (AA2) Total funds raised during the month from exercise of options: HKD 172,858 Page 3 of 10 v 1.2.1

(C). Convertibles (i.e. Convertible into Shares of the Issuer) Not applicable Page 5 of 10 v 1.2.1

(D). Any other Agreements or Arrangements to Issue Shares of the Issuer, including Options (other than Share Option Schemes) Not applicable Page 6 of 10 v 1.2.1

(E). Other Movements in Issued Shares and/or Treasury Shares 1. Class of shares Ordinary shares Type of shares Not applicable Listed on the Exchange (Note 1) Yes Stock code (if listed) 02400 Description At price (if applicable) Date of event General Meeting Increase/ decrease (-) in issued Increase/ decrease (-) in Number of shares redeemed or Events (Note 2) approval date shares (excluding treasury treasury shares during the repurchased for cancellation but (if applicable) shares) during the month month pursuant thereto (E2) not yet cancelled as at close of pursuant thereto (E1) the month (Note 3) Currency Amount 1). Repurchase of shares (shares repurchased for cancellation HKD 29 May 2025 -285,000 but not yet cancelled) 2). Repurchase of shares (shares repurchased and cancelled) HKD 19 May 2026 29 May 2025 -3,136,000 Increase/ decrease (-) in issued shares (excluding treasury shares): -3,136,000 Ordinary shares (EE1) Increase/ decrease (-) in treasury shares: Ordinary shares (EE2) Remarks: A total of 285,000 ordinary shares repurchased during May 2026 were cancelled on May 19, 2026. As at May 31, 2026, the Company did not have any shares repurchased for cancellation but not yet cancelled. Total increase/ decrease (-) in issued shares (excluding treasury shares) during the month (i.e. Total of AA1 to EE1): -3,130,800 Ordinary shares Total increase/ decrease (-) in treasury shares during the month (i.e. Total of AA2 to EE2): Ordinary shares Page 7 of 10 v 1.2.1

Pages: 10
Words: 1,648
Type: Financial

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