BEIJING, August 20, 2025 – KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a prominent online recruitment platform in China, revealed today that it has expanded and prolonged its share repurchase initiative.

The Company had previously announced the launch of a share repurchase program on August 29, 2024, which permitted the buyback of up to US$150 million of its shares (including American depositary shares (“ADS”)) over a 12-month duration. On August 20, 2025, the Company’s board of directors endorsed revisions to this ongoing program, prolonging it for an additional 12 months until August 28, 2026, and increasing the authorized repurchase amount to US$250 million for shares (including ADSs) during this extended period.

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are identifiable by terms like “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. The Company may also issue written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, announcements on The Stock Exchange of Hong Kong Limited’s website, interim and annual reports to shareholders, press releases, other written materials, and oral statements by its officers, directors, or employees to third parties. Statements not based on historical facts, including but not limited to those concerning the Company’s beliefs, plans, and expectations, are forward-looking. Such statements inherently involve risks and uncertainties. Further information on these and other risks is available in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information herein is current as of the date of this press release, and the Company is not obligated to update any forward-looking statement, unless required by applicable law.

About KANZHUN LIMITED

KANZHUN LIMITED operates BOSS Zhipin, China’s foremost online recruitment platform. The Company facilitates efficient and seamless connections between job seekers and enterprise users through its highly interactive mobile application, an innovative product that promotes two-way communication, prioritizes intelligent recommendations, and introduces new scenarios into the online recruiting process. Leveraging its extensive and varied user base, BOSS Zhipin has cultivated robust network effects, enhancing recruitment efficiency and driving rapid expansion.

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KANZHUN LIMITED
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