Notice Regarding Reduction of Capital Reserve

Overview of Capital Policy

Nippon Coke & Engineering Co., Ltd. has resolved to reduce its capital reserve amount and plans to obtain approval at the shareholders' meeting. The reduction amount is 6,000,000,000 yen, aiming to enhance capital efficiency and strengthen financial standing. The reduction of capital reserve will proceed appropriately based on legal procedures, with the shareholders' meeting scheduled for June 26, 2026.

Impact on Shareholders and Future Outlook

This reduction of capital reserve is not expected to cause immediate dilution of shareholders’ ownership ratios. It is implemented as part of the capital policy to improve financial robustness and capital efficiency. It will have minimal impact on future business development or dividend policy, and the company will continue to pursue stable management while advancing growth strategies.