Notice Regarding the Resolution on Share Buyback (Share Buyback Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)

Outline of Capital Policy

At the Board of Directors meeting held on April 27, 2026, Exedy Corporation resolved to acquire treasury stock as part of efforts to improve capital efficiency and enhance shareholder returns. The target shares for acquisition are the Company’s ordinary shares, with a maximum acquisition of 2,000,000 shares (equivalent to 5.47% of the total number of issued shares). The total acquisition price is capped at 8 billion yen. The acquisition period is from May 1, 2026, to December 31, 2026, and the acquisition method will be market purchases on the Tokyo Stock Exchange. The authority to make detailed decisions regarding the acquisition has been delegated to the President and CEO.

Impact on Shareholders and Current Status

As of March 31, 2026, the total number of issued shares (excluding treasury stock) was 36,539,390 shares, and the number of treasury shares was 12,054,346 shares. This acquisition limit corresponds to approximately 5.47% of the total issued shares and is expected to contribute to improved capital efficiency and strengthened shareholder returns. However, depending on market conditions, partial or full acquisition may not be conducted.