Kanematsu : Notice Concerning Share Split, Partial Amendment to the Articles of Incorporation, and Revision to Dividend Forecast (Dividend Increase) TSE

November 25, 2025

Company name: Kanematsu Corporation Representative: Yoshiya Miyabe, President

(Securities Code: 8020,

Prime Market, Tokyo Stock Exchange)

Inquiries: Miho Kondo, Manager, Investor Relations Section (Telephone: +81-03-6747-5000)

Kanematsu Corporation (hereinafter the "Company") resolved at the Board of Directors meeting held on November 25, 2025, to conduct a share split, partially amend its Articles of Incorporation, and revise its dividend forecast per share. Details are as follows.

1. Overview of the Share Split

   1. Purpose of the share split

      The purpose of the share split is to lower the price per investment unit of the Company's shares, thereby enhancing accessibility for investors. This measure is intended to enhance the liquidity of the Company's shares and expand the investor base.

   2. Method of the share split

      The record date for the share split is set as Wednesday, December 31, 2025. Since this date falls on a non-business day for the shareholder register administrator, the effective record date will be Tuesday, December 30, 2025. Each share held by shareholders listed or recorded in the final shareholder register as of the record date will be split into two shares.

   3. Number of shares to be increased by the share split

      Total number of issued shares before the share split	84,500,202
      Number of shares to be increased by the share split	84,500,202
      Total number of issued shares after the share split	169,000,404
      Total number of authorized shares after the share split	400,000,000

   4. Schedule of the share split

      Date of public notice of the record date	Monday, December 15, 2025
      Record date	Wednesday, December 31, 2025
      Effective date	Thursday, January 1, 2026

2. Partial Amendment to the Articles of Incorporation

   1. Reason for the amendment

      In connection with the increase in the total number of authorized shares resulting from the share split, the Company will partially amend its Articles of Incorporation pursuant to Article 184 paragraph (2) of the Companies Act of Japan, with the effective date set as Thursday, January 1, 2026.

   2. Details of the amendment

      (The underline indicates the amendment.)

      Before amendment	After amendment
      Article 6 (Total Number of Authorized Shares) The total number of authorized shares of the Company shall be 200,000,000 shares.	Article 6 (Total Number of Authorized Shares) The total number of authorized shares of the Company shall be 400,000,000 shares.

3. Revision of the Dividend Forecast (Increase)

   1. Reason for the revision

      Based on stable profit growth and market expectations, the Company has revised the year-end dividend per share from 57.50 yen (pre-split) to 31.25 yen (equivalent to 62.50 yen on a pre-split basis).

   2. Details of the revision

      	Interim dividend	Year-end dividend	Annual dividend
      Previous forecast (Announced May 8, 2025)	57.50 yen	57.50 yen	115.00 yen
      Revised forecast (Pre-split basis)		31.25 yen (62.50 yen)	- (120.00 yen)
      Fiscal year ending March 2026 (Actual results)	57.50 yen
      Fiscal year ended March 2025 (Actual results)	52.50 yen	52.50 yen	105.00 yen

4. Other Matters

   1. Change in capital stock

      There will be no change in the amount of capital stock in connection with the share split.

   2. Interim dividend for the fiscal year ending March 2026

Since the share split will become effective on Thursday, January 1, 2026, the interim dividend for the fiscal year ending March 2026, with the record date of Tuesday, September 30, 2025, will be calculated based on the number of shares outstanding prior to the share split.