Notice of Completion of Payment for the Issuance of the 41st Stock Acquisition Rights (with Exercise Price Adjustment Clause) and the 42nd Stock Acquisition Rights by Third-Party Allotment

Issuance of Stock Acquisition Rights and Completion of Payment

Kubota Pharmaceutical Holdings Co., Ltd. announced the completion of payment on 2026-11-09 for the issuance by third-party allotment of the 41st stock acquisition rights (with exercise price adjustment clause) and the 42nd stock acquisition rights. The 41st stock acquisition rights consist of 200,000 units with a total issuance amount of 1,600,000 yen; the number of potentially dilutive shares is 20,000,000 shares, the floor exercise price is 30 yen, and there is no ceiling. The 42nd stock acquisition rights consist of 200,000 units with a total issuance amount of 200,000 yen; the number of potentially dilutive shares is 20,000,000 shares, the exercise price is 60 yen, and they include a full ratchet provision. The total payment amounts are reported as 1,201,600,000 yen and 1,200,200,000 yen, respectively.

Exercise Periods and Special Provisions

The exercise period for the 41st stock acquisition rights is from 2026-11-10 to 2028-11-10, and for the 42nd stock acquisition rights from 2026-11-10 to 2031-11-10. The 41st rights include conditions for adjustment of the exercise price, with detailed adjustment rules for periods such as shareholder record dates. The 42nd rights may be partially adjusted pursuant to a purchase agreement concluded with Mr. Ryo Kubota, and include conditions such as the approval of the Audit and Supervisory Committee.