Notice Regarding Stock Consolidation, Abolition of the Designation of Number of Shares per Unit, and Partial Amendment of Articles of Incorporation

Purpose and Overview of Stock Consolidation and Privatization

MCJ Corporation, following a management buyout (MBO) by the tender offeror BCP Meta Cayman LP, resolved to consolidate 23,500,000 shares into 1 share on June 18, 2026, significantly reducing the total number of issued shares from approximately 94 million shares to 4 shares. Concurrently, the designation of the number of shares per unit will be abolished, advancing the privatization process. Due to privatization, delisting is planned, and trading on the Tokyo Stock Exchange Standard Market will end on June 16, 2026.

Impact on Shareholders and Measures to Ensure Fairness

Shareholders holding fractional shares resulting from the stock consolidation will receive cash compensation based on the tender offer price of 2,200 JPY per share as fractional share treatment. The tender offer price includes a maximum premium of 48.05% over the market price and its fairness has been confirmed by an independent third-party appraisal by Mizuho Securities and recommendations from a special committee. The Board of Directors supports the tender offer and recommends shareholders to apply. Additionally, the cancellation of 7,596,780 treasury shares is planned, reflecting consideration for protecting the interests of minority shareholders.