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

Overview of Capital Policy

Tokyu Corporation acquired 641,800 shares of common stock through market purchases on the Tokyo Stock Exchange during the period from February 1 to February 28, 2026, with a total acquisition price of 1,254,354,945 yen. This acquisition is part of the treasury stock acquisition program resolved by the Board of Directors on May 14, 2025. The maximum number of shares authorized for acquisition is 6,500,000 shares, with an upper limit for the acquisition price set at 10 billion yen, and the acquisition period is from May 15, 2025, to March 31, 2026.

Impact on Shareholders and Cumulative Acquisition Status

As of February 28, 2026, the cumulative number of shares acquired totals 5,305,400 shares, with a cumulative acquisition price of 9,096,475,263 yen, representing approximately 1.13% of the total issued shares as treasury stock. This is expected to enhance shareholder value and improve capital efficiency; however, no specific details regarding the use of funds or future acquisition plans are provided.