Notice Regarding the Status of Treasury Stock Acquisition (Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)

Overview of Treasury Stock Acquisition

Shimano Inc. has been conducting treasury stock acquisitions based on the board resolution dated February 10, 2026, for the period from February 12, 2026 to January 31, 2027. During the period from April 1 to April 30, 2026, the company acquired 626,900 shares of common stock at an acquisition cost of 10,610,347,500 yen. In total, 1,059,400 shares have been acquired, with an acquisition cost reaching 17,696,299,000 yen. The acquisitions were made through off-auction own share repurchase transactions on the Tokyo Stock Exchange (ToSTNeT-3) and market purchases.

Impact on Shareholders and Future Outlook

The maximum number of shares authorized for acquisition is 2,950,000 shares (approximately 3.4% of the total issued shares), with an acquisition cost cap of 50,000,000,000 yen. The current acquisitions have been made within these limits, and similar treasury stock acquisitions are expected to continue under the same policy going forward. The treasury stock acquisitions aim to enhance shareholder value, contributing to the prevention of share dilution and improving capital efficiency.