On August 9, 2026, Sport Clubs Company announced its Board of Directors' recommendation, dated August 6, 2026, to repurchase 1,450,000 ordinary shares to be allocated under the Company's Employee Stock Incentive Plan. The purchased shares will be held as treasury shares until distributed to eligible employees in accordance with the program's terms and conditions, and will carry no voting rights or dividend entitlements while held by the Company. The buyback will be financed entirely from the Company's own resources, with daily purchases capped at 25% of the average daily trading volume over the preceding five trading days, and the purchase price not to exceed 5% above the prior day's market closing price. The transaction remains subject to Extraordinary General Assembly approval and compliance with financial solvency requirements under the Implementing Regulations of the Companies Law.

Original announcement:

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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