June 29, 2026 ‘Regarding Controlling Shareholders, etc.’

Status of Controlling Shareholders, etc.

This report focuses on the disclosure of controlling shareholders, clarifying that ASNF Holdings LLC directly holds 35.51% of voting rights, and Aso Corporation indirectly holds 35.51%. ASNF is a wholly owned subsidiary of the Aso Group and has expressed its intention to hold shares long-term as a stable shareholder. The company states that its independence is maintained and that there are no concurrent duties among officers. Although synergies with the Aso Group in cement and other businesses are anticipated, there are no business restrictions, and timely information exchanges are conducted. There are no special notes regarding transactions.

Impact and Future Outlook

The stability of the controlling shareholder structure is considered a factor contributing to capital stability. The document does not include specific financial indicators or projections of earnings. While potential synergies with the Aso Group are suggested, the company explicitly states that it will continue to make independent decisions. The impact on long-term strategies and investment policies remains unclear. This disclosure aims to ensure transparency of shareholder composition and relationships.