[Yomeishu Seizo] Notice of Share Consolidation and Amendments to Articles of Incorporation | May 2026

Overview of Capital Policy

Yomeishu Seizo announced on April 27, 2026, that it will execute a share consolidation and partial amendments to its Articles of Incorporation, with the total issued shares post-consolidation expected to be 6 shares. The purpose of the consolidation is to abolish the unit share system, aiming to improve stock liquidity and simplify shareholder structure. The effective date of the share consolidation is undecided, but concomitant changes to the Articles of Incorporation will also be made, affecting future share transactions.

Impact on Shareholders and Future Outlook

The share consolidation will result in the abolition of the unit share system and an increase in the total issued shares. While there will be changes in shareholders' holding amounts and liquidity, there will be no direct impact on the company's stock price or performance. Future disclosures will clarify the specific effective date of the consolidation and details of the new share handling regulations, and investors should monitor these updates closely.