Notice Regarding Partial Amendment to Articles of Incorporation

Overview of the Articles Amendment

Morito Co., Ltd. resolved at the Board of Directors meeting held on January 23, 2026, to propose a partial amendment to the Articles of Incorporation at the 88th Annual General Meeting of Shareholders scheduled for February 26, 2026. The main change expands the decision-making authority on dividends of surplus from resolution by the shareholders meeting to also include resolution by the Board of Directors, enabling more flexible capital and dividend policies. Specifically, pursuant to Article 459, Paragraph 1 of the Companies Act, Articles 39 (Decision-making Authority for Dividends of Surplus) and 40 (Record Date for Dividends of Surplus) will be newly established to allow dividends of surplus to be resolved by the Board of Directors, and the existing provisions concerning year-end and interim dividends will be deleted.

Impact on Shareholders and Outlook

This amendment to the Articles of Incorporation does not eliminate the shareholders meeting’s resolution on dividends of surplus, which remains valid. This change allows the company to implement dividend policies promptly according to market conditions and business circumstances. The amendment will take effect on February 26, 2026, and is expected to enhance flexibility in future capital policy. For investors, the increased agility in dividend policies is noteworthy, although specific dividend amounts or changes in dividend policy will be announced separately.