#NichireiCorporation

Mr. Kazunori Shimamoto will assume the position of Representative Director and President (CEO) effective April 1, 2026, and Mr. Kenya Ōgushi will become Representative Director and Chairman. After the June 2026 Annual General Meeting of Shareholders, Mr. Hiroyuki Mori ai will be newly appointed as Director and Senior Executive Officer (COO).

Nichirei Corporation has resolved to increase capital in its newly established U.S. Delaware subsidiary, Nichirei Global Foods, LLC. Capital is planned to increase significantly from USD 1,000 to approximately USD 105.7 million, with phased investments scheduled between March and September 2026.

Nichirei Corporation resolved to change its fiscal year-end from March 31 to December 31 annually, contingent upon approval of partial amendment to the Articles of Incorporation. Consequently, the 109th fiscal term will be a 9-month accounting period.

Net sales of 700 billion yen (flat year-on-year), operating income of 39.5 billion yen (increase of 1.2 billion yen YoY), and net income attributable to owners of parent of 28 billion yen (increase of 3.3 billion yen YoY), progressing in line with the full-year plan.

By resolution of the Board of Directors on January 8, 2026, the offering price for the Company's shares was set at ¥1,791.0 per share, with a total offering amount of approximately ¥29.96 billion, and an overallotment of 2,508,900 shares to be offered at the same price.

Nichirei Corporation resolved at the Board of Directors meeting on January 8, 2026, to offer 16,726,400 shares of its common stock, aiming to restructure the shareholder base and reduce capital costs.