#SapporoHoldingsLimited

Due to the introduction of external capital into the real estate business, the consolidated earnings guidance for the fiscal year ending December 2025 has been revised. Revenue, segment income, and operating income are expected to decrease, while net income and net income attributable to owners of the parent remain unchanged.

Sapporo Holdings Limited announced that starting from the year-end dividend for the fiscal year ending December 2025, the dividend policy will be changed from a consolidated payout ratio of 30% or more to targeting DOE of 3% or more, aiming to achieve DOE of 4% or more by 2030.

Sapporo Holdings Limited has resolved to absorb its wholly owned subsidiary, Sapporo Breweries Limited, through an absorption-type merger and to change its trade name to "Sapporo Breweries Limited" with the effective date of July 1, 2026.