Share Buyback of Restricted Stock Compensation Program Completed｜July 2026

Overview of Capital Policy

Based on the board resolution dated June 29, 2026, Ares Ti conducted the disposal of treasury stock as part of the restricted stock compensation program. The total shares disposed of are 74,944, with a payment price of 695 yen per share, totaling approximately 52.08 million yen. The disposal targets include restricted stock linked to employment continuity and performance, limited to directors and executive officers. The payment procedures were completed on July 17, 2026.

Impact on Shareholders and Future Outlook

This treasury stock disposal aims to minimize share dilution while providing incentives to employees and officers. The holdings of treasury stock and the capital policy remain unchanged after the disposal, but it may influence future shareholder returns and capital policy directions. The company will continue to promote measures to enhance shareholder value.