(Disclosure Progress) Notice Regarding the Decision on Matters Concerning Share Buyback (Acquisition of Treasury Stock Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)

Overview of Share Buyback

Marudai Food Co., Ltd. resolved at the Board of Directors meeting on February 24, 2026, to acquire treasury stock. The acquisition targets our common shares, with a maximum of 650,000 shares (2.66% of total issued shares), and the total acquisition amount capped at 1.3 billion yen. The acquisition period is from March 12, 2026 to September 30, 2026, and acquisitions will be made through market purchases. The acquisition method includes market purchases on the Tokyo Stock Exchange and purchases via ToSTNeT-3.

Impact on Shareholders and Future Outlook

The share buyback will reduce the number of issued shares, which is expected to enhance per-share value and strengthen shareholder returns. However, depending on market conditions, acquisitions may be partially or fully unexecuted. Although the use of funds for the acquisition is not explicitly stated, it is considered part of capital policy aimed at enhancing shareholder value. The status of the acquisition will be disclosed as appropriate going forward.