Notice of Completion of Share Buyback with Transfer Restrictions for Directors

Overview of Capital Policy

Heidi HiHiro Co., Ltd. conducted a disposal of treasury stock with transfer restrictions to directors on June 26, 2026. The target was 13,100 shares of common stock, with a disposal amount of 34,846,000 yen. The disposal was made gratuitously to four directors, and the amount was calculated based on the closing price of 2,660 yen on the Tokyo Stock Exchange on May 25, 2026. This disposal is part of stock-based compensation for directors.

Future Outlook and Impact on Shareholders

This share buyback is considered part of our capital policy aimed at providing incentives to officers and enhancing corporate value. The dilution from this disposal is expected to be limited, suggesting minimal direct adverse impact on shareholder value. Ongoing attention is needed regarding trends in capital policy and changes in executive remuneration structures.