#MegmilkSnowBrand

Megmilk Snow Brand Co., Ltd. has resolved to cancel 6,916,400 shares of treasury stock (9.8% of total outstanding shares) as of March 31, 2026.

Announced the acquisition of 211,500 shares of treasury stock on the Tokyo Stock Exchange in February 2026, with a total acquisition cost of 733,935,500 yen. The acquisition limits are up to 10,000,000 shares and 20 billion yen.

For the third quarter of the fiscal year ending March 2026, net sales were JPY 465,761 million (YoY -0.8%), operating income was JPY 14,618 million (YoY -10.3%), and net income attributable to owners of parent for the quarter was JPY 22,142 million (YoY +77.4%).

On February 9, 2026, Mr. Hiroyuki Ito, a director serving as an Audit and Supervisory Committee member, passed away and resigned; the following day on February 10, Mr. Kotaro Yamashita was appointed as a substitute director serving as an Audit and Supervisory Committee member.

Acquired 243,100 shares of treasury stock in January 2026 through market purchases totaling 818,864,500 yen. Based on the board resolution dated May 14, 2025, the acquisition cap is set at 10,000,000 shares, 20 billion yen, with the acquisition period from May 15, 2025, to March 13, 2026.