[Terra Probe] Share Buyback Price Determination | May 2026

Summary of the Buyback Details

Based on the board of directors' resolution held on May 15, 2026, Terra Probe implemented a share buyback as restricted stock transfer to employees, setting the buyback price at 12,820 yen per share. The buyback price was reasonably determined based on the closing market price, considering the market's closing price, and is designed to protect existing shareholders' interests. The total buyback amount is 499,980 yen, and the buyback was executed by contributing receivables issued to the designated recipients as payment assets.

Impact on Shareholders and Future Outlook

This share buyback is considered part of employee stock options issuance and incentive programs, aimed at enhancing employee motivation while minimizing dilution of shareholder value. The buyback price matches the market stock price, ensuring it does not disadvantage existing shareholders. Going forward, the company is expected to continue promoting appropriate capital policies to maintain and enhance shareholder value.