Notice of Extraordinary General Meeting of Shareholders Regarding Share Consolidation, Abolition of Designated Number of Shares per Trading Unit, Partial Amendment to the Articles of Incorporation and Decrease in Capital

Overview of Capital Policy

This IR is a notice of an extraordinary general meeting of shareholders concerning a capital policy centered on a share consolidation, together with amendments to the articles of incorporation and a decrease in capital. The consolidation ratio assumes treatment of fractional shares and a subsequent delisting after designation as a delisted stock, and the total number of shares is expected to be substantially reduced, resulting in delisting. The extraordinary general meeting will be held on November 30, 2026, the consolidation effective date is December 25, 2026, and delisting procedures will proceed after that date.

Impact on Shareholders and Outlook

Shareholders are expected to receive cash payments for fractional shares, with the cash payment per fractional share calculated based on a reference amount of 2,451 yen. After delisting following the consolidation, trading on the market will be impossible; therefore, documents such as a report from a special committee to protect minority shareholders and ensure fairness have been prepared to secure sale opportunities for shareholders. Attention should be paid to the deadlines associated with the capital policy and the delisting timeline.