KANZHUN LIMITED Sets Shareholder Return Target with Dividend Distribution and Expanded Share Repurchase Program

(SeaPRwire) –   BEIJING, March 19, 2026 — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) announced that its board of directors (the “Board”) has approved changes to its current share buyback program and established a shareholder return objective.

On March 18, 2026, the Board approved modifications to the current share repurchase program, raising the total authorized amount to purchase up to US$400 million of the Company’s shares (including ADSs) during the extended program period until August 28, 2027, demonstrating confidence in the Company’s ongoing future expansion.

In August 2025, the Company adopted an annual dividend policy (the “Dividend Policy”), under which the Board plans to, at its discretion, announce and pay a dividend annually in compliance with the Company’s memorandum and articles of association and relevant laws and regulations.

Pursuant to the Dividend Policy, and contingent upon the Board’s final decision and current market conditions, the Company presently anticipates designating, for each of the upcoming three years beginning in 2026, a minimum of 50% of the Company’s adjusted net income (a non-GAAP financial metric) from the previous fiscal year toward dividend distributions and share buybacks. The Board retains the authority to modify its share repurchase and dividend strategy at its discretion, taking into account financial results, capital needs, market conditions, and other pertinent factors, and will furnish prompt updates to the Company’s shareholders as suitable under applicable laws and regulations.

These measures highlight management’s trust in the Company’s sustained expansion and demonstrate its firm pledge to distributing growth with shareholders, providing lasting value and strengthening its commitment to shareholder returns.

CONTACT: CONTACT:
PIACENTE FINANCIAL COMMUNICATIONS
kanzhun@tpg-ir.com