Notice Regarding Disposal of Treasury Stock as Transfer-Restricted Stock

Outline of Treasury Stock Disposal

Horiba, Ltd. resolved to dispose of 8,434 shares of treasury stock as transfer-restricted stock on May 15, 2026. The disposal price is 21,380 yen per share, with a total of 180,318,920 yen. The shares will be allocated as follows: 5,246 shares to five directors excluding external directors, 1,446 shares to nine corporate officers (executive officers), and 1,742 shares to 13 directors and corporate officers of domestic subsidiaries.

Purpose and Contract Terms of the Transfer-Restricted Stock Compensation Program

This treasury stock disposal is based on a transfer-restricted stock compensation program aimed at the sustainable enhancement of corporate value and sharing value with shareholders. The shares are allocated to eligible directors and corporate officers by contributed in-kind through monetary claim waiver. The transfer restriction period is set between three to five years for directors and varies according to status for corporate officers, with the restrictions lifted upon expiration or under specific conditions. Shares under restriction are managed in dedicated accounts at Daiwa Securities.