#SHIMANO

Acquired 267,500 shares of common stock for 4,399,751,500 yen during March 1 to March 31, 2026, bringing the cumulative acquisition to 432,500 shares totaling 7,085,951,500 yen.

Shimano Inc. announced that it is scheduled to receive dividends of 50,000 million yen from its consolidated subsidiary, Shimano (Singapore) Pte. Ltd., on March 27, 2026.

On March 10, 2026, acquired 165,000 shares of treasury stock totaling 2,686,200,000 yen. The acquisition period is from February 12, 2026 to January 31, 2027.

Shimano Inc. plans to repurchase 165,000 shares at 16,280 yen per share on March 10, 2026. The acquisition limit is up to 2,950,000 shares, with a total amount capped at 50 billion yen.

In response to a shareholder proposal for a large-scale treasury stock acquisition of 200 billion yen, our Board of Directors resolved to oppose it. On February 10, 2026, a treasury stock acquisition framework of 50 billion yen was established, and agile acquisitions will continue.

For the fiscal year ending December 2025, consolidated net sales amounted to 466,243 million yen (3.4% increase YoY), operating income was 51,677 million yen (20.6% decrease YoY), and net income attributable to owners of parent was 33,991 million yen (55.5% decrease YoY). The annual dividend is planned to be 339 yen.

Established a share buyback framework with an upper limit of 2,950,000 shares, total acquisition price cap of 50 billion yen, and a period from February 12, 2026 to January 31, 2027.

SHIMANO INC. is considering lowering the stock trading unit to less than 500,000 yen, but specific measures and timing have not been decided.

The settlement of the U.S. litigation in which our subsidiary was a defendant was finally approved on February 2, 2026, and the impact on financial performance is expected to be minimal.