Wang Brand to Repurchase Shares for Employee Incentives

Wang Brand Food Corporation (2727) announced on August 6, 2026, that its board of directors has decided to repurchase its own shares. The purpose of this decision is to provide incentives to employees, with a plan to repurchase up to 1.5 million shares. The repurchase period is from August 10 to October 6, 2026, with a price range of 170 to 280 NT dollars per share. The company will continue to repurchase shares if the stock price falls below the lower limit.

The total repurchase amount is 32.98 billion NT dollars, which is only 4.7% of current assets, and is not expected to affect capital maintenance. This initiative aims to boost employee morale and retain top talent. Eligibility for share acquisition is based on job level, years of service, and special contributions, as decided by the board of directors.

Through this share repurchase, Wang Brand aims to enhance employee motivation and maintain long-term competitiveness.