Notice Regarding the Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading (ToSTNeT-3) (Based on the Provisions of Article 165, Paragraph 2 of the Companies Act and the Company’s Articles of Incorporation Concerning Treasury Stock Acquisition)

Overview of Capital Policy

Mizuno Corporation resolved at the Board of Directors meeting held on February 26, 2026, to acquire treasury stock based on the provisions of Article 165, Paragraph 3 of the Companies Act. Specifically, using the closing price of 4,050 yen on February 27, 2026 as a reference, Mizuno Corporation plans to purchase 740,700 shares through the Off-Auction Own Share Repurchase Trading (ToSTNeT-3) at the Tokyo Stock Exchange. The total acquisition value is 2,999,835,000 yen, and the acquisition period is from February 27, 2026, to August 31, 2026. The number of shares to be acquired corresponds to 0.96% of the total shares issued excluding treasury stock.

Impact on Shareholders and Future Outlook

This treasury stock acquisition plans to acquire up to 1.04% of the total shares issued (800,000 shares, with an upper limit of 3 billion yen), and this purchase represents a part of it. Although some or all acquisitions may not be executed depending on market conditions, the purpose is to improve capital efficiency as part of shareholder returns. The acquisition results are scheduled to be announced after the close of trading on February 27, 2026.