Notice of Partial Amendment to Articles of Incorporation｜June 29, 2026

Overview of the Amendments to the Articles of Incorporation

Based on a resolution by the Board of Directors on May 26, 2026, Kosgodō Holdings intends to partially amend its Articles of Incorporation to authorize dividends and other surplus payments through a resolution by the Board of Directors. The changes include shifting the decision-making authority for surplus dividends from the general shareholders’ meeting to the Board of Directors, as well as reviewing the recording date and interim dividends. These modifications aim to improve dividend agility and promote flexible capital policy. The amendments are scheduled to take effect after shareholder approval at the general meeting on June 29, 2026.

Impact on Shareholders and Future Outlook

With these amendments, surplus dividend decisions can be made by the Board of Directors without resolution at the shareholders’ meeting, enabling swift adjustments to dividend timing and amounts. This will enhance the company's funding allocation and investment strategy flexibility, providing shareholders with the expectation of stable dividends. The amendments will be implemented following shareholder approval, with the goal of streamlining capital policy and increasing corporate value.