Notice Regarding the Status of Treasury Stock Acquisition and Completion of Acquisition (Based on the Provisions of Article 459, Paragraph 1 of the Companies Act)

Overview of Treasury Stock Acquisition Status

NEC Corporation, based on the board of directors' resolution dated 2026-02-09, acquired 2,017,600 common shares from 2026-03-01 to 2026-03-24, with a total acquisition price of JPY 8,527,723,200. Consequently, the treasury stock acquisition under this resolution has been completed. The cumulative total stands at 6,800,000 shares with a total acquisition price of JPY 27,292,828,300. The acquisition method was market purchase based on a discretionary trading contract on the Tokyo Stock Exchange.

Acquisition Conditions and Impact on Shareholders

The initial resolution stipulated that the maximum number of shares to be acquired was 6,800,000 shares (0.51% of issued shares), with an upper limit on the acquisition price of JPY 30 billion, and the acquisition period set from 2026-02-10 to 2026-03-31. The recent acquisition was conducted within these limits, and a dilution suppression effect relative to the total number of issued shares is expected for shareholders. Details regarding the use of funds or purpose are not provided.