Notice Regarding the Resolution on Matters Concerning Share Buyback (Acquisition of Treasury Stock Based on the Provisions of Article 459, Paragraph 1 of the Companies Act)

Overview of Capital Policy

At the board meeting held on March 10, 2026, Daido Metal Co., Ltd. resolved to acquire treasury stock based on Article 459, Paragraph 1 of the Companies Act and Article 43 of the Articles of Incorporation. The purpose of the acquisition is to mitigate the impact on stock supply and demand stemming from the stock offering announced on the same day and as part of shareholder return measures. The target shares are common shares of the Company, with a maximum limit of 1,200,000 shares (2.5% of the total issued shares) and a total acquisition price cap of 1 billion yen. The acquisition period is from April 20, 2026 to August 31, 2026, and acquisitions will be conducted through market purchases.

Impact on Shareholders and Current Status

As of February 28, 2026, the Company holds 2,412 shares of treasury stock, and the total issued shares (excluding treasury stock) amount to 47,517,841 shares. This acquisition is expected to adjust stock supply-demand balance and strengthen shareholder returns. However, depending on market conditions, part or all of the acquisition may not be executed. The 652,433 shares held in the trust account related to the share delivery trust are not included in the treasury stock count.