Saturday Co.,Ltd (SZSE:002291) commences share repurchases on May 10, 2022, under the program mandated by the shareholders in the Extraordinary General Meeting held on May 5, 2022. As per the mandate, the company is authorized to repurchase up to CNY 300 million worth of its shares. The repurchased shares will be used for employee shareholding plan or equity incentive plan.

The program is valid for 12 months.