【Alps Alpine】Completion of Share Buyback and Partial Cancellation of Shares｜July 2026

Overview of Capital Policy

Alps Alpine executed the disposal of treasury stock approved by the Board of Directors on June 25, 2026, with the settlement completed on July 24, 2026. The number of shares disposed decreased from the initially planned 53,400 shares to 50,400 shares, and the total disposal amount was reduced from 111,472,500 JPY to 105,210,000 JPY. The recipients of the disposal were directors (excluding outside directors and audit & supervisory committee members) and executive officers, with a disposal price of 2,087.5 JPY per share. The change in the number of disposed shares was due to the resignation of a director who served as an executive officer.

Impact on Shareholders and Future Outlook

This treasury stock disposal was conducted as part of the company's capital policy, aiming to enhance shareholder value and improve capital efficiency. The disposal does not impact the total issued shares or significantly alter shareholders' ownership ratios. The company intends to continue appropriately managing its capital policy to enhance corporate value.