Notice Concerning Share Transfer Involving a Change in a Consolidated Subsidiary

September 2, 2025 Company Name: House Foods Group Inc.

Representative: Hiroshi Urakami, President (Securities Code: 2810, TSE Prime Market)

Contact: Eiki Miyake, General Manager, Public & Investors Relations Division

(Tel: +81-3-5211-6039)

House Foods Group Inc. (headquartered in Higashiosaka-city, Osaka; Hiroshi Urakami, Representative Director & President; hereinafter, the "Company") hereby announces that at a meeting of its Board of Directors held today, it resolved to transfer all shares of Delica Chef Corporation ("Delica Chef"), its consolidated subsidiary, and all the assets related to the business of Delica Chef held by the Company to Musashino Co., Ltd. ("Musashino") (the "Transfer"). Details are as follows. Due to the Transfer, Delica Chef will be excluded from the scope of consolidated subsidiaries.

1. Reason for the Transfer

   Under the Group Philosophy of "Through food, we aim to be a good corporate citizen, connecting and collaborating with people to create smiles in their lives," the Group focuses on its "Three Responsibilities (for our customers, for our employees and their families and for society)" by multiplying the strengths it has cultivated since its founding with those of each Group company and pursuing "Healthy Life Through Foods," and aim to be a quality company with a global presence.

   Since its founding in 1985, Delica Chef has contributed to the realization of the Group Philosophy through the production and sale of ready-made dishes, desserts, bread, etc. for Seven-Eleven Japan Co., Ltd., utilizing its strengths in quality management and product development fostered in the Group.

   In the ongoing Eighth Medium-term Business Plan, the Company positions three value chains (VCs) of Spice, Soybean and Functional Ingredients as core growth areas and has been concentrating the allocation of management resources to pursue growth through the creation of global VCs. Consequently, the Company decided, in light of the synergies between Delica Chef and the core growth areas, etc. and to enable the continued growth of the business of Delica Chef, to transfer the business of Delica Chef to Musashino, which operates the same business, namely manufacturing food for convenience stores. Musashino's strengths in product development and production management know-how are highly complementary with the strengths of Delica Chef. Moreover, the Company believes that the business of Delica Chef can be further developed through synergies created by leveraging both companies' business scales and reinforcing their competitiveness in procurement and logistics.

2. Outline of subsidiary to be transferred (Delica Chef)

   (1) Name	Delica Chef Corporation
   (2) Address	49-2 Kiyoku-cho, Kuki-shi, Saitama
   (3) Name and title of representative	Yoshihiro Suzuki, Representative Director and President
   (4) Business description	Food manufacturing business (ready-made dishes, salads, desserts and baked bread)
   (5) Share capital	60 million yen
   (6) Established	August 1985
   (7) Equity investors and their investment ratio	House Foods Group Inc. 100%
   (8) Relationships with the Company	Capital relationship	The subject company is a wholly owned, consolidated subsidiary of the Company.
   	Personal relationship	Not applicable.
   	Business relationship	Land, buildings and machine equipment owned by the Company are rented to the subject company. The Company has been providing loans to the subject company.
   (9) Financial position and operating results of the subject company for the most recent three years
   Fiscal year	Year ended March 31, 2023	Year ended March 31, 2024	Year ended March 31, 2025
   Net assets	2,300 million yen	2,610 million yen	2,533 million yen
   Total assets	4,674 million yen	5,049 million yen	4,404 million yen
   Net sales	19,281 million yen	19,415 million yen	18,848 million yen
   Operating profit	198 million yen	484 million yen	-172 million yen
   Profit	141 million yen	310 million yen	-77 million yen

3. Information of counterparty to the Transfer

   (1) Name	Musashino Co., Ltd.
   (2) Address	Musashino Building, 1-1-1 Nishihara, Asaka-shi, Saitama
   (3) Name and title of representative	Nobuyuki Yasuda, Representative Director and President
   (4) Business description	Production and sale of packed lunches, rice balls, sushi, savory bread, processed noodles, etc. Operation and management of sports and leisure facilities
   (5) Share capital	100 million yen
   (6) Established	December 1969
   (7) Equity investors and their investment ratio	Nobuyuki Yasuda 49.2% Musashino Holdings Corporation 22.5%
   (8) Relationships with the Company	Capital relationship	Not applicable.
   	Personal relationship	Not applicable.
   	Business relationship	There are no business relationships to be described.
   (9) Net assets and total assets in the immediately preceding business year
   Fiscal year	Year ended March 31, 2025
   Net assets	56,749 million yen
   Total assets	103,101 million yen

4. Content of the Transfer

   1. Outline of transfer of shares and fixed assets

      Overview of the share transfer

1. Transfer price

9.0 billion yen

1. Schedule

   (1) Date of resolution by the Board of Directors	September 2, 2025
   (2) Date of agreement	September 2, 2025
   (3) Date of transfer	January 15, 2026 (planned)

2. Future outlook

The Company expects only a minimal impact on its consolidated business performance for the fiscal year ending March 31, 2026. On careful evaluation of any future impact, should any fact arise require disclosure, the Company will promptly disclose that fact.