Board Chairman Luo Lin and several senior management members of ANTON OILFIELD (03337) plan to increase their shareholding in the company.

ANTON OILFIELD (03337) announces that the company's founder and Chairman of the Board, Mr. Luo Lin (Mr. Luo), along with several senior members of the management team, express their confidence in the future development prospects of the group and their recognition of the long-term investment value of the company. They intend, from the date of this announcement until June 30, 2026 (or any other period announced by the company), to increase their holdings of the company's shares on the open market (the Shareholding Plan) using their own funds, subject to compliance with applicable laws, regulations, and relevant guidelines. Under the Shareholding Plan, Mr. Luo and several senior members of the management team plan to invest a total amount not exceeding HK$35 million in increasing their holdings of the company's shares. Based on the current market price of the company's shares, it is estimated that the total number of shares to be acquired through the increase will not exceed approximately 1.0% of the total issued shares of the company. However, the actual number of shares to be purchased and the investment amount will depend on market conditions, share prices, regulatory requirements, and trading window arrangements. The actual number of shares purchased and the investment amount under the Shareholding Plan may be lower than the target mentioned above. The board believes that the Shareholding Plan reflects Mr. Luo and the company's management team's strong confidence in the long-term development prospects of the group and the value of the company.