Notice Regarding the Continuation of the Policy on Large-Scale Purchase of Our Shares (Policy on Takeover Defense)

Resolution on Continuation of Takeover Defense Policy

Noritz Corporation decided on February 13, 2025, to partially amend and continue the 'Policy on Large-Scale Purchase of Our Shares,' which was approved at the 75th Annual General Meeting of Shareholders on March 27, 2025. At the Board of Directors meeting held after the conclusion of the 76th Annual General Meeting of Shareholders on March 27, 2025, all directors, including outside directors, unanimously resolved to continue this policy. The validity period of the policy extends until the conclusion of the Board of Directors meeting following the 2028 Annual General Meeting of Shareholders, and it allows for abolition or amendments upon approval by shareholders or the Board of Directors prior to the expiration of the period.

Future Policy and Information Disclosure

Going forward, this policy will be reviewed and discussed at the first Board of Directors meeting convened after each Annual General Meeting of Shareholders to decide on its continuation, abolition, or revision. Details are disclosed in the timely disclosure documents dated February 13, 2025, and are available on the company’s website. Investors are advised to continue monitoring developments regarding this policy.