Monthly turnover and exercise status of the 3rd unsecured convertible bonds with warrants (adjustable conversion price) issued to third parties and the 8th warrants (exercise price adjustment)

Overview

This notice discloses the monthly turnover and exercise status for July 2026 of the 3rd unsecured convertible bonds with warrants and the 8th warrants. For the 3rd warrants, multiple conversions/exercises occurred within the month, with delivered shares totaling 590,731 and aggregate face value of 7,500,000 yen. As of the end of the previous month, the unexercised residual amount was 247,500,000 yen, and at month-end it was 202,500,000 yen. For the 8th warrants, the delivered shares for the month were 0, with 0 exercises, and unexercised rights remaining at 99,000 units (9,900,000 shares).

Impact on holders / Background

This disclosure reports the status of conversion/exercise for bonds with warrants issued to third parties and does not disclose treasury stock acquisition itself. Conversion can dilute shareholder value by introducing new shares into the market, while compliance with restrictions (Listing Rules Article 434) is also disclosed. The specific impact on shareholder value depends on actual conversion/exercise progress and future warrant movements.