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

Overview of Capital Policy

Shinanen Holdings Co., Ltd. is conducting treasury stock acquisition through market purchases on the Tokyo Stock Exchange (discretionary investment method) with an upper limit of 100,000 shares of common stock and a total acquisition price cap of 500,000,000 yen, based on a resolution by the Board of Directors dated February 10, 2026, from February 12 to July 31, 2026. From March 1 to March 31, 2026, 12,200 shares were acquired for 84,940,000 yen, bringing the cumulative total to 23,100 shares and 159,394,000 yen, representing progress of 23.1% in number of shares and 31.9% in total amount against the acquisition limits.

Impact on Shareholders and Future Outlook

This treasury stock acquisition is capped at 0.91% of the total outstanding shares (excluding treasury stock) and is carried out as part of efforts to improve capital efficiency and enhance shareholder returns. The acquisition is conducted via market purchase, and will continue within the limits set by the Board of Directors. Investors should monitor the progress of the acquisition status, which is currently proceeding smoothly as planned.