Notice Regarding the Resolution on Matters Concerning Share Buyback (Share Buyback Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)

Overview of Capital Policy

Nissho Corporation positions stable profit returns to shareholders as an important issue and has set a total return ratio target of 50% for fiscal year 2025 in the medium-term management plan "NOF VISION 2030 Stage II" announced in May 2023. This time, with the aim of improving capital efficiency and further enhancing shareholder returns, the company has resolved to acquire treasury stock. The target shares are the company's common shares, with an upper limit of 1,800,000 shares (0.79% of total issued shares), and the total acquisition price capped at 5,000,000,000 yen. The acquisition period is from February 16, 2026, to March 31, 2026, and the purchase will be conducted on the Tokyo Stock Exchange market.

Impact on Shareholders and Future Outlook

This share buyback will increase the proportion of treasury stock relative to outstanding shares, which is expected to improve capital efficiency. As of January 31, 2026, the company already holds 8,294,244 treasury shares, and this acquisition will further strengthen shareholder returns. Since the shares will be acquired through market purchases, flexible responses based on stock price trends are possible. Going forward, the company intends to promote stable dividends and share buybacks as dual pillars of its shareholder return policy.