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

Overview of Treasury Stock Acquisition

Avant Group Co., Ltd. conducted treasury stock acquisition based on the Board of Directors' resolution dated February 25, 2026, in accordance with Article 165, Paragraph 3 of the Companies Act. During the period from March 1 to March 31, 2026, the company acquired 300,800 shares through off-floor purchase transactions (ToSTNeT-3) on the Tokyo Stock Exchange and market purchases under a discretionary trading agreement, with a total acquisition cost of ¥408,440,297. The Board resolution set the maximum number of shares to be acquired at 1,650,000 shares, the upper limit of acquisition cost at ¥1.6 billion, and the acquisition period from February 26, 2026, to May 29, 2026.

Cumulative Acquisition Status and Impact on Shareholders

As of March 31, 2026, the cumulative number of treasury shares acquired under the said resolution was 980,700 shares, and the cumulative acquisition cost was ¥1,370,636,298. The acquired shares represent 4.52% of the total outstanding shares excluding treasury stock. This treasury stock acquisition was conducted as part of efforts to improve capital efficiency and return value to shareholders, aiming to prevent dilution and enhance shareholder value.