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

Overview of Treasury Stock Acquisition

Kewpie Corporation has been conducting treasury stock acquisition pursuant to the Board of Directors resolution dated July 3, 2025, in accordance with Article 459, Paragraph 1 of the Companies Act. From February 1 to February 28, 2026, the company acquired 158,400 shares of its common stock through market purchases on the Tokyo Stock Exchange at a total cost of 716,975,400 yen. The acquisition cap is set at 9,600,000 shares, with a maximum total acquisition price of 24 billion yen, and the acquisition period is from July 4, 2025, through May 31, 2026.

Cumulative Acquisition Status and Impact on Shareholders

As of February 28, 2026, the cumulative number of shares acquired reached 5,335,700 shares, with a total acquisition price amounting to 22,069,062,000 yen. This acquisition remains within the upper limit of approximately 6.91% of the total issued shares (excluding treasury stock) and is aimed at enhancing capital efficiency as part of shareholder returns. The company plans to continue acquisitions within the designated period, taking market conditions into consideration.