#NoritzCorporation

Acquired 21,000 shares of treasury stock with a total acquisition cost of 48,627,800 yen through market purchases from March 1 to March 31, 2026.

Noritz Corporation unanimously decided at the Board of Directors meeting held after the 76th Annual General Meeting of Shareholders on March 27, 2025, to continue the policy on takeover defense.

On April 15, 2026, treasury stock of 18,800 shares will be disposed of as restricted stock compensation at 2,372 yen per share, totaling 44,593,600 yen, to 4 directors and 3 executive officers.

Plans to sell two held listed securities from January to March 2026, recording a gain on sale of investment securities of 4,430 million yen. No impact on full-year earnings forecast.

For the period from February 12 to February 28, 2026, no treasury shares were acquired, and the acquisition cost was 0 yen. The acquisition cap is 550,000 shares, 1 billion yen, with an acquisition period from February 12 to December 31, 2026.

The year-end dividend for the fiscal year ending December 2025 has been raised to 39 yen per share, with total dividends amounting to 1,790 million yen. The annual dividend is 74 yen, higher than the previous fiscal year.

Noritz Corporation has resolved to acquire up to 550,000 ordinary shares (approximately 1.2%) through market purchases totaling 1 billion yen from February 12, 2026, to December 31, 2026, aiming to improve capital efficiency and enhance shareholder returns.

In preparation for the Annual General Meeting scheduled on March 27, 2026, the Company resolved the Board’s opinion to oppose all shareholder proposals submitted by LIM Japan Event Master Fund and NIPPON ACTIVE VALUE FUND PLC.