Notice Regarding the Status of Treasury Stock Acquisition (Acquisition of Treasury Stock Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)

Overview of Capital Policy

Pyorax Co., Ltd. conducted treasury stock acquisition in accordance with the resolution of the Board of Directors on February 12, 2026, pursuant to the provisions of Article 165, Paragraph 3 of the Companies Act. The acquired shares were common stock of the company, purchased through market transactions on the Tokyo Stock Exchange from February 13 to February 28, 2026, totaling 39,000 shares with an acquisition cost of 69,560,900 yen. The Board resolution set a maximum acquisition limit of 800,000 shares, a maximum acquisition cost of 1 billion yen, and an acquisition period from February 13 to December 31, 2026.

Impact on Shareholders and Future Outlook

The current treasury stock acquisition is capped at approximately 3.2% of the total number of outstanding shares (excluding treasury stock), with the current acquisition representing only a part of this limit. The acquisition is expected to reduce the number of outstanding shares, thereby enhancing shareholder value and improving per-share indicators. Going forward, the company intends to continue treasury stock acquisitions within the scope of the Board resolution while considering market conditions.