Notice on Non-Renewal of Countermeasures Against Large-Scale Purchase of Our Shares (Anti-Takeover Measures)

Regarding the Decision Not to Continue Anti-Takeover Measures

Yoshinoya Holdings Co., Ltd. resolved at the Board of Directors meeting that the countermeasures against large-scale purchase actions (anti-takeover measures), introduced with shareholder approval on May 29, 2008, and subsequently amended from time to time, will expire and not be renewed at the conclusion of the 69th Annual General Meeting of Shareholders scheduled for May 26, 2026. This decision was made after consideration of the opinions of domestic and foreign institutional investors and the policy of the Ministry of Economy, Trade and Industry.

Future Actions and Ensuring Shareholder Interests

Following the expiration of the validity period of this plan, the Company will continue efforts to ensure and enhance corporate value and the common interests of shareholders. In the event of any large-scale purchase that may harm shareholder interests, the Company intends to provide necessary information, respect the opinions of independent outside directors and auditors, and take appropriate measures. The Company will strive to secure the time and information necessary for shareholders’ decision-making in accordance with the Financial Instruments and Exchange Act, the Companies Act, and other laws and regulations.