Asahi Broadcasting Group Holdings CorporationTSE: 9405

Notice Concerning the Formulation of the Medium-Term Management Plan (2026-2028)

· Issued by Asahi Broadcasting Group Holdings Corporation


Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

March 9, 2026 Company Name: Asahi Broadcasting Group Holdings Corporation Representative: Masayuki Nishide, President & CEO

(Securities Code: 9405, Tokyo Stock Exchange Prime Market) Inquiries: Daisuke Niizuma, General Manager, Management Strategy Division

(TEL: +81-6-6458-5321)

Notice Concerning the Formulation of the Medium-Term Management Plan (2026-2028)

Asahi Broadcasting Group Holdings Corporation (the "Company") has announced the formulation of the Medium-Term Management Plan (2026-2028). The plan was approved at a meeting of the company's Board of Directors held March 9, 2026.

Medium-Term Management Plan (2026-2028)

Building from the results of Medium-Term Management Plan (2021-2025), concluding this fiscal year, we have formulated a new Medium-Term Management Plan (2026-2028), beginning in April 2026, to create even greater sustainable corporate value in the future.

The ABC Group is pursuing "More Local More Global Be Original" as our ideal vision for 2031, our 80th anniversary. The new Medium-Term Management Plan (2026-2028) will serve as a phase to strengthen the foundation for that growth.

Please refer to the attached reference material for detailed information.

The new management plan is also available on the Company's website: https://corp.asahi.co.jp/en/ir/plan.html

(Note) This document has been translated from a part of the Japanese original for reference purposes only.

In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

2026-2028 Asahi Broadcasting Group

Medium-Term Management Plan

Asahi Broadcasting Group Holdings Corporation





Medium -Term Management Plan Structure

Our Vision

Asahi Broadcasting Group Business Philosophy and Our Vision

Growth Strategies and Areas to Strengthen

Bringing Distinctive

Growth Story

(Role and Quantitative Targets Under the Medium-Term Management Plan)

Original IP and the Power of Co-Creation

Business Foundation

Initiatives Under Six Strategic Business Groups

Growth Investments

Content and Animation Segments

to the World

Strengthen the Foundation for Growth

(Human Capital Strategy, AI Technology, Sustainability Management, Financial Strategy)







Our Vision

Growth Story

Business Foundation

Distinctive Original IP as a Growth Driver

for Sustainable Group-Wide Growth

Growth Strategy Under Six Strategic

Business Groups

TV Broadcasting and Content

Animation

IP Creation and Acquisition

IP Distribution and Development

Radio

Sports

Bringing Distinctive Original IP and the

Power of Co-Creation to the World

Strengthen Content and Animation

Segments as a Top Priority

Event

Lifestyle



Medium -Term Management Plan Highlights

FY2031 Quantitative Target

Growth Investments, Strengthening the Foundation for Growth

Shareholder Returns

Consolidated Sales

100.0

Consolidated Operating Profit

6.0

Growth Investments (3 Years)

20.0
  • Content Segment Investment

  • Animation Segment Investment

  • Human Capital Strategy

  • AI Technology Utilization

  • Strengthening Other

Over the medium to long term, we aim to achieve a dividend payout ratio of 40%, considering the balance between growth investments and an appropriate level of shareholder returns.

Medium- to

Billion Yen

FY2026-FY2028 (3 Years)

Billion Yen

FY2029-FY2031 (3 Years)

Billion Yen

Businesses

Dividend Payout Ratio

30%

Provide Stable Shareholder Returns

Long-Term Dividend Payout Ratio

40

Phase for Strengthening Foundation for Growth and Making Growth Investments

Phase for IP Portfolio and Revenue Streams Expansion

Sustainability Management %

Financial Strategy





Asahi Broadcasting Group Business Philosophy

The ABC Group continues to evolve as a dynamic and creative corporate organization, adapting to social change and contributing to the development of society.

Asahi Broadcasting Group Holdings will begin operating under a new Medium-Term Management Plan in April 2026. This plan defines Our Vision and quantitative targets for 2031, which will be the 80th anniversary of our company. We will execute this plan over the three years from fiscal 2026 to fiscal 2028 as a phase to strengthen the foundation for that growth.

Our Vision is More Local More Global Be Original.

We intend to further enhance the originality that has been our identity since day one, creating Distinctive Original IP loved by all.

From this starting point, we will solidify Deeper Engagement and More Co-Creation with regional partners and IP partners, delivering IP throughout Japan and the world.

We recognize that the trust of society is the foundation for improving our corporate value. Accordingly, we will engage in responsible business activities to embody our Business Philosophy of adapting to social change and contributing to the development of society, strengthening sustainability management toward the important foundation of respect for human rights.

We look forward to your continued support of the Asahi Broadcasting Group as we evolve toward our targets of 100 billion yen in consolidated net sales and 6 billion yen in consolidated operating profit in fiscal 2031.

Masayuki Nishide

President & CEO

Asahi Broadcasting Group Holdings Corporation