Notice Regarding Status of Share Buyback (Share Buyback Based on Provisions of Article 459, Paragraph 1 of the Companies Act and the Articles of Incorporation)

Overview of Share Buyback

Nippon Yusen Kabushiki Kaisha (NYK Line) has conducted share buybacks pursuant to a resolution by the Board of Directors on May 8, 2025, in accordance with Article 459, Paragraph 1 of the Companies Act and Article 44 of the Articles of Incorporation. The target shares are common shares, of which 2,023,800 shares totaling 9,903,030,175 yen were acquired through market purchases on the Tokyo Stock Exchange during the period from December 1 to December 31, 2025. The Board resolution sets an upper limit of 48,000,000 shares for acquisition, a total acquisition value ceiling of 150 billion yen, and an acquisition period from May 9, 2025, to April 30, 2026.

Cumulative Acquisition Status and Future Outlook

As of December 31, 2025, the cumulative number of shares repurchased stands at 21,465,200 shares, with a total acquisition value of 109,902,643,575 yen. It is also noted that some or all acquisitions may not be executed depending on market conditions, among other factors. This share buyback is capped at 11.1% of the total issued shares outstanding (excluding treasury stock) and is presumed to be part of the company's capital strategy aimed at shareholder returns and stock price stabilization.