Notice of Completion of Payment for the 1st Series Unsecured Corporate Bonds (Privately Placed)

Completion of Bond Payment and Overview

Today, on September 28, 2026, following a board resolution, the company announced the issuance and completion of payment for the 1st series unsecured straight corporate bonds allocated to EVO FUND. The total amount is 100,000,000 yen, issued in units of 2,500,000 yen each. Redemption is scheduled as a lump-sum payment at maturity, but numerous optional early redemption clauses are stipulated, allowing for early redemption depending on developments such as movements in the company’s shares or exercise of stock acquisition rights. A reference price is set at 58 yen and may be adjusted according to the allocation and movements in the company’s shares.

Key Provisions and Impact Factors

Clauses are stipulated that permit full or partial redemption of outstanding bonds upon multiple triggering events, such as optional early redemption conditions, stock splits/consolidations, or the exercise of stock acquisition rights. These provisions could affect the cost of capital and capital structure. Claims can be made even after six months from the payment date, and whether early redemption occurs may be determined by transactions or restructuring related to the issuer’s shares.