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

Overview of Capital Policy

Toagosei Co., Ltd. has been conducting treasury stock acquisitions in accordance with a board resolution dated February 12, 2026, pursuant to the provisions of Article 165, Paragraph 3 of the Companies Act. The target shares are the Company's common stock, with an upper limit of 2,000,000 shares acquirable, a maximum acquisition price of JPY 3,000 million, and an acquisition period from February 13, 2026 to December 31, 2026. As of March 31, 2026, the cumulative number of shares acquired stood at 1,150,000 shares, with total acquisition costs amounting to JPY 2,105,075,000. There were no acquisitions made in March alone.

Impact on Shareholders and Future Outlook

With this treasury stock acquisition, approximately 1.86% of the total issued shares can be acquired, and a cumulative total of 1,150,000 shares have already been obtained. This is expected to enhance shareholder value and improve capital efficiency. Going forward, the Company plans to continue acquiring treasury stock through market purchases, with acquisition status disclosed as appropriate.