#KohokuIndustrialCoLtd

Kohoku Industrial Co., Ltd. conducted a 2025 board effectiveness evaluation, confirming an appropriate size and composition as well as comprehensive discussions on management strategies. Meanwhile, improvement areas such as document provision timing and discussion time allocation were also identified.

The combined voting rights ownership ratio of President & CEO Futoshi Ishii and his asset management company is 62.07%. The amount for share buybacks is 2,490 million yen, and a special committee has been established to protect minority shareholders.

Between February 18, 2026, and March 9, 2026, Mr. Futo Ishii, President and major shareholder, entrusted Mizuho Securities Co., Ltd. and sold 487,500 shares of the Company’s stock, contributing to an increase in the free float ratio.

Mr. Futoshi Ishii, President and major shareholder, has concluded a consignment agreement to gradually sell up to 487,500 shares (1.88% of issued shares) in the market from February 18 to December 25, 2026.