Announcement Regarding Determination of Matters Related to Acquisition of Own Shares

KOITO MANUFACTURING CO., LTD. ("KOITO") announces that it has resolved, at a meeting of the Board of Directors held on May 29, 2025, the matters concerning the acquisition of own shares pursuant to the provisions of Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act. The details are described below.

1．Reason for acquisition of own shares

KOITO's basic policy is to further increase corporate value through business investment aimed at sustainable growth, while at the same time enhancing the return of profits to shareholders, in addition, KOITO has set a target of providing shareholder returns of 200 billion yen or more over the three-year period from FY2024 to FY2026 in the "1st Medium-Term Management Plan".
Based on the above, KOITO has set a limit of 37 million shares (maximum total number of shares to be acquired), and 50 billion yen (maximum total amount of shares to be acquired), to enable flexible acquisition of own shares in consideration of share price levels and other factors.

2．Details of matters related to acquisition

(1) Class of shares to be acquired                     Common shares
(2) Total number of shares to be acquired        37 million shares (maximum)
　　　　　　　　　　　　　　　　　　　     (13.04% of total number of issued shares 
                                                                    　　　 (excluding treasury shares))
(3) Total amount of share acquisition costs    50 billion yen (maximum)
(4) Acquisition period　　　　　  　　　　     From June 2, 2025 to May 29, 2026
(5) Method of acquisition　　　　　    　        Market purchase on the Tokyo Stock Exchange

(Reference) Holding status of treasury shares as of March 31, 2025
Total number of issued shares (excluding treasury shares)     283,746,525 shares 
Number of treasury shares                                                        　 24,086,647 shares

Announcement Regarding Determination of Matters Related to Acquisition of Own Shares