Notice Regarding Result of Treasury Stock Acquisition Through ToSTNeT-3 Off-Auction Own Share Repurchase Transaction and Completion of Acquisition (Acquisition of Treasury Stock Based on Article 165, Paragraph 2 of the Companies Act and Provisions in the Articles of Incorporation)

Overview of Treasury Stock Acquisition

Mizuno Corporation acquired 740,700 shares of treasury stock on February 27, 2026, aiming to improve capital efficiency and enhance per-share value through reducing the number of shares. The acquisition price was 4,050 yen per share, with a total amount of 2,999,835,000 yen. The acquisition method was via the Tokyo Stock Exchange’s ToSTNeT-3 off-auction own share repurchase transaction. Based on the board of directors’ resolution, the maximum number of shares to be acquired was 800,000 shares and the maximum acquisition amount was 3 billion yen, with an acquisition period from February 27, 2026 to August 31, 2026. The acquisition has now been completed.

Impact on Shareholders and Fundraising Perspective

This treasury stock acquisition also serves to mitigate short-term stock supply and demand impact accompanying the issuance of bonds with stock acquisition rights, thereby facilitating smooth fundraising. The acquired shares correspond to approximately 1.04% of the total outstanding shares (excluding treasury stock), contributing to capital efficiency improvement and enhancement of shareholder value. Whether additional treasury stock acquisitions will be conducted remains undecided at this time.