Notice Regarding Share Buyback

Overview of the Share Buyback

Solen will undertake a share buyback in accordance with the provisions of Article 156 of the Companies Act, in lieu of Article 165, paragraph 3, based on the resolution of the Board of Directors held on May 13, 2026. The target for this buyback is the company’s ordinary shares, with a period from June 1, 2026 to June 30, 2026 (execution basis), total of 162,000 shares, total amount of 549,456,000 yen. For reference, the Board resolution on the same day set an upper limit of 2,000,000 shares (3.4% of outstanding shares), an upper limit for the total acquisition amount of 6,000,000,000 yen, and a period from May 14, 2026 to March 31, 2027. cumulatively, prior acquisitions have amounted to 181,700 shares, and 614,153,000 yen.

Impact on Shareholders and Background

This share buyback is positioned as a shareholder return measure and may be undertaken to mitigate dilution and stabilize market liquidity. At present, the cumulative number of shares and total amount have been disclosed, and the comparison between the upper limit and actual figures suggests the scale of potential future additional buybacks. Specific use of funds is not stated, and future disclosures will be important for understanding impacts on capital policy.