Completion of Share Buyback of Restricted Stock Units｜July 24, 2026

Overview of Capital Policy

Based on the board of directors' resolution on June 25, 2026, Howa Industrial disposed of 7,468 shares of treasury stock as part of its restricted stock unit compensation program. The disposal price was 1,579 yen per share, totaling 11,791,972 yen. The disposal was made to two directors and four executive officers, with payment procedures completed on July 24, 2026. This disposal was implemented as part of an employee reward system, and is expected to have a limited direct impact on capital structure and shareholder value.

Impact on Shareholders and Future Outlook

The disposal of treasury stock was carried out as part of the restricted stock unit compensation scheme and does not lead to share dilution. Funds obtained from the disposal are expected to be utilized to promote the company's capital policy and enhance employee incentives. The company intends to continue pursuing appropriate capital strategies and management policies to enhance shareholder value.