Notice of approval resolution regarding stock consolidation, abolition of the unit share system, and partial amendments to the articles of incorporation

Section Heading

At this extraordinary general meeting, the stock consolidation and partial amendments to the articles of incorporation were approved as proposed, determining that the company meets the delisting criteria. The consolidation applies to common shares at a ratio of 747,603 shares to 1 share. The effective date after consolidation is scheduled for September 29, 2026. As part of the consolidation, the designation as a watch-listed stock is expected to occur on the same day, the final trading day on September 24, and the delisting date on September 25. Fractional shares will be processed via cash payments or sale after court approval. The amendments to the articles of incorporation will be carried out contingent on the effective date of the consolidation.

Section 2 Heading

Impact on shareholders includes a substantial reduction in the number of shares after consolidation, and fractional shares below 1 share are expected to be paid out to shareholders as profits from the sales. After designation as a watch-listed stock, trading will be suspended; after delisting, trading on the Standard market will be unavailable. Going forward, after obtaining court permission, disposition of fractional shares will proceed, with delivery to shareholders planned for by late December.