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

Overview of Capital Policy

Hanwa Co., Ltd. has been implementing treasury stock acquisitions in accordance with Article 165, Paragraph 3 of the Companies Act, based on the Board resolution dated November 7, 2025. From December 1 to December 31, 2025, 137,400 shares of common stock were acquired through market purchases on the Tokyo Stock Exchange, totaling 967,798,000 yen. Cumulatively, as of December 31, 2025, 284,100 shares totaling 1,950,181,000 yen of treasury stock have been acquired. The upper limit on the number of shares to be acquired is 1,000,000 shares (increasing to 5,000,000 shares from April 1, 2026), and the upper limit on the acquisition price is set at 5,000 million yen.

Impact on Shareholders and Future Outlook

This treasury stock acquisition is capped at approximately 2.5% of total issued shares and is part of a capital policy aimed at enhancing shareholder value. The acquisition method is market purchase, with plans to continue acquisitions up to the limit through September 30, 2026. After the stock split scheduled for April 1, 2026, the acquisition limit will increase fivefold, enhancing flexibility in capital policy.