Ritamix Global Limited (SEHK:1936) commences share repurchases on July 5, 2021, under the program mandated by the shareholders in the Annual General Meeting held on June 18, 2021. As per the mandate, the company is authorized to repurchase up to 50,000,000 shares, representing 10% of its issued share capital. The repurchases will be made out of the funds legally available for such purpose in accordance with its Articles of Association. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual General Meeting is required to be held or the date on which the authority is carried out to the full extent, unless varied or revoked in a General Meeting. As of June 18, 2021, the company has 500,000,000 shares in issue.