Notice Regarding Status of Treasury Stock Acquisition (Based on the Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act)

Overview of Treasury Stock Acquisition

Inaba Denki Sangyo Co., Ltd. conducted treasury stock acquisition from March 1 to March 31, 2026, based on the provisions of Article 165, Paragraph 2 of the Companies Act and its Articles of Incorporation. Although there were days when no shares were acquired, the cumulative number of shares acquired reached 1,541,300 shares (post-stock split), with a total acquisition price of 3,662,320,950 yen. The acquisition method was market purchase, with an upper limit of 2,100,000 shares and a maximum acquisition price of 4,400,000,000 yen as approved by the board of directors.

Impact on Shareholders and Future Outlook

Following the stock split effective December 1, 2025, the maximum number of shares to be acquired is 2,100,000 shares. This treasury stock acquisition is part of shareholder return initiatives, and the shares acquired correspond to approximately 1.9% of the total issued shares. Going forward, the company plans to continue treasury stock acquisitions within the designated period while considering market conditions.