Notice Regarding Monthly Exercise Status of the 8th to 10th Stock Acquisition Rights (Fixed Exercise Price) Issued by Third-Party Allotment

Overview of Exercise Status of Stock Acquisition Rights

Star seeds Co.,Ltd. announced the monthly exercise status for September 2026 of the 8th to 10th stock acquisition rights (fixed exercise price). The number of shares delivered in the target month was 882,400 shares (8th), 0 shares (9th), and 103,000 shares (10th). The 8th rights showed an exercise count of 8,824 cases (actual newly issued shares: 204 shares, calculated including transferred treasury shares), indicating a high exercise rate of 29.4%. Meanwhile, the 9th rights remained unexercised, and the 10th rights saw 103,000 shares exercised on September 24. The total number of issued shares stood at 10,673,800 shares and capital at 2,482 million yen.

Impact on Shareholders and Points to Watch

The issuance of shares and increase in capital accompanying the exercise of stock acquisition rights may create dilution risk. The high exercise ratio for the 8th rights suggests a certain impact on the capital market, but since a majority of the unexercised rights remain, attention should be paid to future exercise trends. Note that this disclosure is voluntary and not a mandatory disclosure under listing rules, provided to support investor decision-making.