Notice Regarding the Status of Treasury Stock Acquisition (Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)

Overview of Treasury Stock Acquisition

Kawada Technologies Inc. acquired 389,900 common shares during the period from April 1 to April 30, 2026, with a total purchase price of JPY 634,388,189. The acquisition method was through open market purchases on the Tokyo Stock Exchange. This action was based on the resolution of the Board of Directors dated February 13, 2026. The acquisition limit is set at 1,290,000 shares with a maximum purchase amount of JPY 1.5 billion, and the acquisition period is from April 1 to June 24, 2026. Additionally, due to a stock split effective April 1, 2026, the acquisition limit increased from 430,000 shares to 1,290,000 shares.

Impact on Shareholders and Future Outlook

This treasury stock acquisition is capped at 2.47% of the total issued shares excluding treasury stock and is aimed at enhancing shareholder value. The 389,900 shares already acquired represent approximately 30% of the upper limit, and additional acquisitions may continue until June 24. Although details on the fund usage are not disclosed, since the acquisition is from the market, it is considered part of liquidity improvement and share price management efforts.