[Tokyo Seitetsu] Share Buyback and Stock Grant System for Employees — July 2026

Overview of the Disposition

Tokyo Seitetsu has resolved to dispose of restricted stock with transfer restrictions and will sell 5,943 shares at 1,971 yen on August 21, 2026. The purpose of the disposition is to improve employee engagement and introduce a stock granting system aimed atEnhancing long-term corporate value. The dilution resulting from the disposition is minimal at 0.04%, and the shares will be granted to employees in exchange for cash claims, which are contributed as in-kind. The disposed shares are subject to transfer restrictions and will be acquired free of charge upon employee retirement or resignation.

Impact on Shareholders and Future Outlook

This share buyback aims to enhance employee engagement and attract talent, with very minimal dilution. Post-disposition, it is expected that the impact on the company's financial condition and shareholder value will be limited. The company plans to continue implementing measures for long-term corporate value enhancement and promote profit sharing between employees and shareholders.