Completion of Share Buyback with Restricted Stock Compensation｜July 24, 2026

Overview of Capital Policy

Ishihara Chemical completed the disposal of treasury stock as part of a restricted stock compensation plan on July 24, 2026. The number of shares disposed was 9,500, with a disposal price of 3,485 yen per share, totaling 33,107,500 yen. This disposal was conducted as part of a remuneration system for executives, aiming to enhance capital efficiency and strengthen executive incentives.

Impact on Shareholders and Future Outlook

This share buyback does not cause any direct dilution of the total issued shares or shareholder composition, but it is expected to contribute to improving capital efficiency and increasing executive motivation. The company will continue to pursue sound capital policies, including appropriate share management and enhancing shareholder value.