Notice Regarding the Status of Treasury Stock Acquisition (Based on the Provisions of Article 459, Paragraph 1 of the Companies Act concerning Treasury Stock Acquisition under the Articles of Incorporation)

Overview of Treasury Stock Acquisition

M3, Inc. acquired 160,400 shares of treasury stock on the Tokyo Stock Exchange market from December 1 to December 31, 2025, based on a resolution by the Board of Directors on May 2, 2025, for a total amount of 348,267,200 yen. As of December 31, 2025, the cumulative number of treasury shares acquired stands at 1,760,500 shares with a total acquisition cost of 3,654,534,500 yen. The upper limit on shares available for acquisition is set at 20 million shares (2.95% of total outstanding shares), and the upper limit on acquisition cost is set at 20 billion yen.

Impact on Shareholders and Future Outlook

While there is a possibility that some or all of the treasury stock acquisition may not be executed due to market conditions and other factors, current acquisition status indicates that part of the plan is being steadily implemented. The upper limit on the number of shares to be acquired is approximately 2.95% of the total outstanding shares, reflecting a capital policy aimed at enhancing shareholder value. Moving forward, the company expects to continue planned treasury stock acquisition while considering market conditions.