#MajorShareholder

Itochu Corporation increased its voting rights ratio in our shares to 33.4% through Citrus Investment, and JIP is expected to no longer be a substantial shareholder.

Strategic Capital Co., Ltd.'s voting rights ownership ratio increased from 8.31% to 11.55% as of February 9, 2026, and the number of shares owned increased from 2,917,700 shares to 4,054,500 shares.

Announced that as of February 6, 2026, Oasis Management Company Limited became the largest shareholder, increasing its voting rights ratio from 6.57% to 10.28%.

On February 16, 2026, Kobe Steel, Ltd. transferred part of its shares, reducing its shareholding from 3,800,000 shares to 3,650,000 shares, with voting rights decreasing from 10.35% to 9.94%.

As of February 16, 2026, due to the disposal of treasury stock, the voting rights ratio of Wakita Kosan Co., Ltd., a major shareholder, changed from 10.02% to 9.98%, but there is no impact on business performance.

As of March 31, 2026, the largest major shareholder will be transferred from Friend Stage Asset Management Co., Ltd. to the surviving company Friend Stage Co., Ltd., with a total of 41,383,714 voting rights (43.02%).

As of February 3, 2026, Oasis Management Company Limited has become the largest shareholder, holding 18.77% voting rights and owning 15,397,600 shares.

As of February 2, 2026, the voting rights ownership ratio of Strategic Capital Co., Ltd. increased from 9.63% to 10.51%, and the number of shares owned rose from 16,561,400 shares to 18,078,800 shares.

Announced that Be Brave Co., Ltd. changed to a major shareholder as of January 28, 2026, increasing its voting rights ratio from 8.92% to 10.03%.

As of January 27, 2026, the voting rights held by Axium Capital PTE LTD increased from 9.99% to 10.19%, becoming the largest shareholder.

It was announced that the number of voting rights held by Capital Research and Management Company increased to 1,102,787 units (110,278,840 shares) as of January 26, 2026, representing 10.40% of the total voting rights.

The voting rights holding ratio of Oasis Management Company Limited increased from 8.28% on January 14, 2026 to 12.23% on January 26, 2026, with the number of shares held rising from 6,792,424 shares to 10,033,602 shares.