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

Overview of Treasury Stock Acquisition

Electric Power Development Co., Ltd. conducted a treasury stock acquisition pursuant to the resolution of the Board of Directors dated May 9, 2025, in accordance with the provisions of Article 165, Paragraph 3 of the Companies Act. Between March 1 and March 24, 2026, the company acquired 344,200 common shares at a total acquisition cost of 1,321,950,800 yen. The Board resolution stipulated an upper limit of 9 million shares for acquisition, a cap of 20 billion yen on acquisition cost, and an acquisition period from September 1, 2025, to March 31, 2026.

Summary of Acquisition Status and Completion Report

Under the Board of Directors’ resolution, a cumulative total of 6,713,200 shares were acquired between September 1, 2025, and March 24, 2026, at an acquisition cost of 19,999,734,800 yen, marking the completion of the treasury stock acquisition. The ratio of acquired shares to the total number of issued shares (excluding treasury shares) is 4.9%. Details regarding future capital policies and shareholder returns are currently unknown; however, this completion is presumed to have advanced the review of the capital structure.