Notice Regarding the Status of Treasury Stock Acquisition (Based on the Provisions of Article 459, Paragraph 1, Item 1 of the Companies Act)

Overview of Treasury Stock Acquisition

Maruichi Steel Tube Ltd. is conducting a treasury stock acquisition based on the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act, for a period from June 23, 2025, to March 31, 2026. The maximum number of shares to be acquired is 9,000,000 shares, with an upper limit on the acquisition amount of 12 billion yen. From December 1 to December 31, 2025, the company acquired 822,500 shares amounting to 1,178,146,500 yen, bringing the cumulative total to 7,497,400 shares acquired for 9,842,725,300 yen. The acquisition was conducted through market purchases on the Tokyo Stock Exchange and off-auction purchase transactions for treasury stock (ToSTNeT-3).

Impact on Shareholders and Future Outlook

This treasury stock acquisition is limited to up to 3.92% of the total number of issued shares (excluding treasury stock) and aims to enhance shareholder value. At the Board of Directors meeting held on July 7, 2025, a stock split of three shares for each one common share was resolved, which has affected the upper limit of acquirable shares accordingly. Moving forward, the company plans to proceed with the treasury stock acquisition systematically, taking market conditions into consideration.