Notice Regarding the Status and Completion of Share Buyback (Buyback of Treasury Stock Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)

Overview of Share Buyback

Convano Inc. conducted a share buyback based on a resolution passed at the extraordinary general meeting of shareholders held on December 9, 2025. The target was the company’s common shares, with an upper limit of 500,000 shares and a total acquisition price cap of 200,000,000 yen. In practice, 500,000 shares were acquired at a total price of 61,363,900 yen through market purchases on the Tokyo Stock Exchange from December 10, 2025 to January 26, 2026, completing the acquisition.

Impact on Shareholders and Future Outlook

This share buyback acquired 0.1% of the total outstanding shares (excluding treasury stock), which has a certain impact on shareholder composition. The acquisition price remained at about 30.68% of the upper limit, and future capital policies are expected to continue implementing measures aimed at enhancing shareholder value. The acquisition was completed within the resolution period of the extraordinary general meeting of shareholders, and at this time, the company has not disclosed its plans regarding the cancellation or future use of the treasury stock.