Notice Regarding Status of Treasury Stock Acquisition (Based on the Provision of Article 459, Paragraph 1, Item 1 of the Companies Act)

Overview of Capital Policy

Nippon Ham Co., Ltd. has conducted treasury stock acquisitions based on the resolution of the Board of Directors dated May 9, 2025, pursuant to the provision of Article 459, Paragraph 1, Item 1 of the Companies Act. The acquisition target is the Company's common shares, with an upper limit of 6,000,000 shares and an acquisition price limit of 30,000,000,000 yen. The acquisition period is from May 9, 2025 to March 31, 2026, and acquisitions are made on the market under discretionary trading agreements on the Tokyo Stock Exchange. During the period from December 1 to December 31, 2025, 476,100 shares were acquired at a total value of 3,216,609,600 yen.

Impact on Shareholders and Future Outlook

As of December 31, 2025, the cumulative number of acquired shares reached 3,414,000 shares, with a total acquisition cost of 20,105,240,600 yen. This corresponds to approximately 6.1% of the total outstanding shares excluding treasury stock, representing a portion of the upper limit. The acquisition of treasury stock aims to enhance shareholder value, and the Company plans to proceed with acquisitions systematically while considering market conditions. The acquisition period will continue until March 31, 2026, which allows for the possibility of additional acquisitions.