Notice Regarding Share Buyback

Overview of Capital Policy

Yellow Hat has decided to acquire ¥250 billion worth of treasury stock on June 2, 2026. The acquisition is scheduled to commence in February 2024, aiming to improve shareholder returns and capital efficiency. This acquisition is intended to mitigate stock dilution and enhance shareholder value. Details regarding the specific acquisition methods and periods will be announced in future disclosures.

Impact on Shareholders and Future Outlook

The share buyback will reduce the number of shares outstanding, potentially improving earnings per share and dividend payout ratio. This may lead to increased asset value for shareholders. Continuous monitoring of stock price trends and the sustainability of the capital policy is necessary. Yellow Hat is proactively promoting capital strategies as part of its shareholder return initiatives to enhance corporate value.