Notice of Partial Amendments to the Articles of Incorporation｜May 26, 2026

Overview of the Amendments to the Articles of Incorporation

Alconics is planning to implement partial amendments to its Articles of Incorporation to promote its long-term management plan and strengthen corporate governance. The changes aim to transition from a company with a board of auditors to a company with a nominating and remuneration committee, revise procedures for convening and operating shareholders' meetings, and establish a new provision that delegates the authority to decide on surplus dividends to the board of directors.

Schedule and Expected Impact

The amendments will take effect following approval at the shareholders' meeting on June 24, 2026, enabling swift implementation of capital policy and governance reforms. This will improve management flexibility and transparency, aiming to enhance corporate value. The impact on shareholders is limited, as resolutions can continue to be made at shareholders' meetings, thus maintaining flexibility.