Notice of Completion of Share Buyback with Transfer Restrictions

Overview of the Disposal

Hoshiden disposed of treasury stock with transfer restrictions based on the resolution of the Board of Directors on June 25, 2026. The payment deadline was July 24, 2026, with a total disposal of 5,859 shares, totaling ¥15,995,070, at ¥2,730 per share. The disposal was conducted for three directors and aims to enhance shareholder value through capital policy measures, including share cancellation or transfer of treasury stock.

Impact on Shareholders and Future Outlook

The disposal of treasury stock will change the total number of issued shares and shareholder composition, but specific dilution rates and future share policy details are not provided. The disposal is expected to improve capital efficiency and strengthen financial soundness, with attention on future shareholder returns and capital policy trends.