Notice Regarding the Status of Share Buyback (Share Buyback Based on Provisions of Article 165, Paragraph 2 of the Companies Act)

Overview of Share Buyback

Okinawa Cellular Telephone Company acquired 172,100 common shares from January 1 to January 31, 2026, under the provisions of Article 165, Paragraph 2 of the Companies Act. The total acquisition price amounted to ¥515,720,400. The acquisitions were conducted via market purchases on the Tokyo Stock Exchange, pursuant to the resolution of the Board of Directors on May 8, 2025. The maximum number of shares authorized for acquisition is 2,800,000 shares, with a maximum acquisition price of ¥5 billion. Note that a stock split doubling one share to two shares occurred on October 1, 2025, and the share quantities are stated post-split.

Impact on Shareholders and Future Outlook

As of January 31, 2026, the cumulative number of shares acquired reached 1,720,400 shares, with a total acquisition price of ¥4,487,251,200. Approximately 1,079,600 shares remain available for acquisition within the authorized limit. The company plans to continue acquiring treasury shares through market purchases. This share buyback is implemented as part of shareholder return initiatives, with the acquisition ratio limited to a maximum of 3.0% of issued shares. The company will disclose updates on acquisition status as appropriate.