Notice of Cancellation of Extraordinary General Meeting of Shareholders and Change of Record Date

Cancellation of Extraordinary General Meeting of Shareholders

Metal Art has canceled the extraordinary general meeting of shareholders scheduled for July 16, 2026, due to the unsuccessful completion of the tender offer. Consequently, there are no plans for share consolidation or partial amendments to the articles of incorporation, and the schedule for future general meetings remains undecided. The tender offer was launched on May 15, 2026, but since all shares were unsuccessfully acquired, the originally planned share consolidation and amendments to the articles of incorporation regarding the number of shares per unit will not be made.

Future Outlook and Impact on Shareholders

Due to the unsuccessful tender offer, there will be no dilution or share consolidation. The schedules for future general meetings and capital policy are undecided, and the direct impact on shareholders is considered to be limited. Metal Art will announce further details regarding its future business strategies and capital policies.