Notice Regarding Resolution on Matters Concerning Share Buyback (Acquisition of Treasury Stock Based on the Provision of Article 165, Paragraph 2 of the Companies Act)

Overview of Capital Policy

Yasuda Warehouse Co., Ltd. resolved at the Board of Directors meeting on February 16, 2026 to acquire treasury stock. The purposes of the acquisition are to mitigate the supply-demand impact associated with the stock offering announced on the same day, enhance shareholder returns, improve capital efficiency, and execute agile capital policies responsive to changes in the management environment. The target for acquisition is our common stock, with an upper limit of 550,000 shares (1.90% of total issued shares), and the total acquisition value capped at 1,000,000,000 yen. The acquisition method will be market purchases on the Tokyo Stock Exchange, with the acquisition period spanning approximately one year from March 4, 2026 to February 26, 2027.

Impact on Shareholders and Future Outlook

This share buyback aims to adjust stock supply and demand related to the stock offering, strengthen shareholder returns, and improve capital efficiency. The acquisition upper limit is limited to 1.90% of the total issued shares, helping to suppress dilution. The actual execution of the acquisition may vary depending on market conditions, and all matters necessary for the acquisition have been entrusted to the President and CEO. Investors should closely monitor capital policy developments alongside details of the forthcoming stock offering.