Notice Regarding the Status of Treasury Stock Acquisition (Treasury Stock Acquisition Based on the Provisions of Article 459, Paragraph 1 of the Companies Act)

Overview of Treasury Stock Acquisition

Furukawa Electric Co., Ltd. acquired 155,700 shares of treasury stock through market purchases on the Tokyo Stock Exchange from December 1 to December 23, 2025, at a total acquisition cost of 601,219,500 yen. This action is based on the board resolution dated February 10, 2025, which established the upper limit for number of shares acquirable at 7,000,000 shares and the maximum acquisition cost at 10 billion yen. The cumulative number of shares acquired reached 3,758,600 shares with a total acquisition cost of 9,071,161,800 yen.

Impact on Shareholders and Future Outlook

This treasury stock acquisition amounts to approximately 5.37% of the total issued shares (3,758,600 shares out of the 7,000,000 share upper limit), presumably aimed at enhancing shareholder value as part of the capital policy. The acquisition period is set from February 12, 2025, to February 10, 2026, and there is a possibility of continuing treasury stock acquisitions depending on market conditions. The acquisition method is market purchase, carried out with high transparency.