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

Overview of Treasury Stock Acquisition

Tsugami Corporation conducted treasury stock acquisitions in accordance with the resolution of the Board of Directors on November 13, 2025, pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act. From March 1 to March 31, 2026, the company acquired 100,000 shares of treasury stock through open market purchases on the Tokyo Stock Exchange, at a total acquisition price of 326,901,500 yen. The cumulative total stands at 343,500 shares, with an acquisition price of 982,337,300 yen. The target shares are common stock, with an acquisition limit of 500,000 shares, an acquisition price cap of 1.3 billion yen, and the acquisition period extending from November 13, 2025, to May 12, 2026.

Impact on Shareholders and Holdings Status

As of March 31, 2026, the total number of outstanding shares was 48,000,000 shares, with treasury stock amounting to 1,412,000 shares, representing 2.94% of the total outstanding shares. The company intends to continue acquiring treasury stock, comprehensively considering its financial position and stock price movements. This acquisition is expected to enhance shareholder value and improve capital efficiency; however, specific uses of funds and impacts have not been disclosed.