Notice of Extraordinary General Meeting of Shareholders Regarding Stock Consolidation, Abolition of the Designation of Unit Share Number, and Partial Amendment of the Articles of Incorporation

Overview of Stock Consolidation and Privatization

SCSK Corporation, a subsidiary of Sumitomo Corporation, will undergo a stock consolidation on March 16, 2026, consolidating 31,618,295 shares into one share, following a tender offer by SC Investments Management Co., Ltd., a subsidiary of Sumitomo Corporation. This aims to privatize the company by limiting shareholders to Sumitomo Corporation and the tender offeror. As a result, the number of outstanding shares will decrease from 313,125,263 shares to 9 shares, and the designation of unit share number will be abolished. The tender offer price is set at 5,700 yen per share, representing a premium of up to 33.87% over the closing price on the Tokyo Stock Exchange Prime Market. Fractional shares arising from the stock consolidation will be sold to the tender offeror, and proceeds will be distributed to shareholders.

Fairness Assurance Measures and Future Outlook

For this transaction, an independent special committee was established, obtained a stock valuation report and fairness opinion from Nomura Securities and Plutus Consulting, ensuring the fairness of the transaction terms. The special committee judged that the transaction contributes to enhancing corporate value, and the board of directors resolved to support and recommend acceptance of the tender offer. The delisting is scheduled for March 12, 2026. After delisting, trading on the Tokyo Stock Exchange Prime Market will no longer be possible; however, leveraging Sumitomo Corporation’s financial strength, SCSK Corporation aims to pursue business growth post-privatization.