Notice of Completion of Payment for the 35th Warrant Carried Out via Third-Party Allotment

Overview of Capital Policy

Medrexs Corporation completed the issuance and payment for the 35th warrants via third-party allotment on June 5, 2026. The warrants issued numbered 147,820 units, with potential shares outstanding reaching 14,782,000 shares. The exercise price was initially 69 yen, and the exercise period is from June 8, 2026, to June 11, 2027. The funds raised amounted to approximately 1,006,584,020 yen, which are expected to be used for future capital strengthening and business investments.

Impact on Shareholders and Future Outlook

The issuance of these warrants increases potential shares outstanding, which may cause stock dilution risk. However, the funds obtained are expected to support business expansion and R&D promotion. The exercise price is linked to market stock prices and may be adjusted, potentially encouraging exercise depending on stock price movements. Going forward, monitoring exercise status and fund utilization will be essential.