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

Overview of Treasury Stock Acquisition

Nankai Electric Railway Co., Ltd. carried out treasury stock acquisition based on the Board of Directors resolution dated July 30, 2025, during the period from July 31, 2025, to January 30, 2026. The target was the Company's common shares, with an upper limit set at 6,000,000 shares and a maximum acquisition cost of 12,000,000,000 yen. As of January 30, 2026, a cumulative total of 4,936,700 shares were acquired at an acquisition cost of 11,999,781,812 yen. This announcement reports that 306,100 shares were acquired for 919,035,091 yen between January 1 and January 30. The method of acquisition was market purchase on the Tokyo Stock Exchange.

Completion of Acquisition and Impact on Shareholders

This treasury stock acquisition was completed on January 30, 2026, following the expiration of the acquisition period stipulated in the Board of Directors resolution dated July 30, 2025. The acquisition was conducted under an upper limit of approximately 5.29% of the total number of issued shares, with a cumulative acquisition of 4,936,700 shares. While this is expected to have certain effects on the shareholder composition and the number of issued shares, there is no information regarding the specific use of funds or future capital policy in this document.