Completion of Share Buyback with Restricted Share Transfer｜July 2026

Overview of the Disposal

Based on the board resolution on June 26, 2026, Asahi Kogyo conducted the disposal of treasury stock as restricted stock rewards. The payment date was July 22, 2026, and the disposed shares consist of 10,700 common shares, with a disposal price of 4,325 yen per share, totaling 46,277,500 yen. The recipients were 6 directors and 14 executive officers, excluding outside directors. This disposal is considered aimed at share cancellation or capital efficiency improvement.

Impact on Shareholders and Future Outlook

This share buyback is expected to reduce the number of issued shares and enhance shareholder value. The disposed shares are part of a compensation scheme aimed at strengthening management incentives and improving corporate value. Moving forward, activities related to share buybacks and capital policy are anticipated to draw attention as part of capital efficiency and shareholder return strategies.