Nippon Sheet Glass : FY2026/3 3rd Quarter Consolidated Financial Results (9 Months to December 2025) [

(English translation of the Japanese original)

6 February 2026

Representative: Representative Executive Officer,

President and CEO

Inquiries to: General Manager, Investor Relations

Payment of dividends start from: N/A Quarterly result presentation papers: Yes

Name: Munehiro Hosonuma Name: Hiroyuki Genkai

Tel: +81 3 5443 9522

Quarterly result presentation meeting: Yes (Teleconference for institutional investors)

1. Consolidated business results for FY 2026 3rd Quarter (From 1 April to 31 December 2025)

   1. Consolidated business results

      	Revenue		Operating	profit	Profit/(loss) before taxation		Profit/(loss) for the period		Profit/(loss) attributable to owners of the parent		Total comprehensive income
      	¥ millions	%	¥ millions	%	¥ millions 825 (6,202)	% — —	¥ millions	%	¥ millions	%	¥ millions	%
      3Q FY 2026	640,565	1.7	18,511	71.3			(4,056)	—	(5,134)	—	5,919	—
      3Q FY 2025	629,966	2.8	10,806	(66.3)			(9,303)	—	(10,079)	—	(15,502)	—

      	Earnings per share - basic
      3Q FY 2026	¥(67.55)
      3Q FY 2025	¥(126.74)

      Note: Operating profit in the above table is defined as being operating profit stated before exceptional items.

   2. Changes in financial position

      	Total assets	Total equity	Total shareholders’ equity	Total shareholders’ equity ratio
      	¥ millions	¥ millions	¥ millions	%
      FY 2026 3rd Quarter	1,074,938	154,748	124,316	11.6
      FY 2025 Full year	1,032,931	142,411	108,065	10.5

2. Dividends

   	Dividends per share
   	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter	Annual
   FY 2025 (Actual) FY 2026 (Actual)	— —	¥ 0.00 ¥ 0.00	— —	¥ 0.00	¥ 0.00
   FY 2026 (Forecast)				¥ 0.00	¥ 0.00

   Note: ● There have been no changes to the forecast dividends this quarter.

   • The above table shows dividends on common shares. Please refer to “(Reference) Dividends for Class A Shares” for information regarding dividends on Class A shares, which are unlisted and have different rights from common shares.

3. Forecast for FY 2026 (From 1 April 2025 to 31 March 2026)

   	Revenue	Operating profit	Loss before taxation	Loss for the period	Loss attributable to owners of the parent	Earnings per share - basic
   Full year	¥ millions % 850,000 1.1	¥ millions % 31,000 88.0	¥ millions % 11,000 -	¥ millions % 4,000 -	¥ millions % 2,000 -	¥ 0.55

   Note: ● There have not been changes to the forecast results this quarter.

   • Forecast of basic earnings per share for FY2026 is calculated by dividing the profit attributable to owners of the parent after deducting preferred dividends for Class A shares (a rate of 6.5% per annum applied to the outstanding balance at 31 March 2026), by 91,128,277 shares which is the number of ordinary shares issued at 31 March 2025, reduced by the number of treasury stock and restricted shares (375,100 shares).

   • For details, please refer to the slides on FY2026 forecast in FY2026 3rd Quarter Results presentation.

4. Other items

   1. Changes in status of principle subsidiaries --- No

   2. Changes implemented to the accounting policies, practice and presentations related to the preparation of quarterly consolidated financial statements

      1. Changes due to revisions in accounting standards under IFRS --- No

      2. Changes due to other reasons --- No

      3. Changes in accounting estimates --- No

   3. Numbers of shares outstanding (common stock)

      1. Number of shares issued at the end of the period, including shares held as treasury stock: 99,566,234 shares as of 31 December 2025 and 91,538,599 shares as at 31 March 2025

      2. Number of shares held as treasury stock at the end of the period:

         36,512 shares as at 31 December 2025 and 35,222 shares as at 31 March 2025

      3. Average number of shares in issue during the period, after deducting shares held as treasury stock: 94,351,732 shares for the period ending 31 December 2025 and 91,113,997 shares for the period ending 31 December 2024

Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None

Dividends per share related to Class A Shares with different rights from those of common shares are as follows.

Note: The number of Class A Shares in issue is 25,308 shares as of 31 December 2025. The number of Class A Shares in issue is 27,084 Class A Shares at 30 September 2025, but the Company acquired and subsequently retired 1,776 Class A Shares during 3Q FY2026 due to the exercise of the right to request acquisition of the Class A Shares in exchange for Common Shares. Based on the number of Class A shares as of the end of 3Q, the forecast of dividends for Class A shares with dividend record dates in FY2026 is ¥1,645 million. In addition, between 1 January 2026 and 6 February 2026, there was a request for the acquisition of the Class A Shares in exchange for Common Shares, the Company acquired and retired 1,776 Class A shares.

Table of contents in the attachments (including mandatory disclosure items)

1. Overview about business performance etc.

   1. Overview about business performance

   2. Overview about financial condition

   3. Prospects

2. Consolidated financial statements and their notes

   1. (a) Condensed quarterly consolidated income statement

      (b) Condensed quarterly consolidated statement of comprehensive income

   2. Condensed quarterly consolidated balance sheet

   3. Condensed quarterly consolidated statement of changes in equity

   4. Condensed quarterly consolidated statement of cash flow

   5. Notes to the condensed quarterly consolidated financial statements

1. Overview about business performance
   1. Background to Results

      Market conditions were stable across most of the Group’s markets during the third quarter. Prices were improved from previous year in European Architectural markets following capacity reductions made across the region, although volumes were lackluster. Activity also continued to be at a low level across other Architectural regional markets. Automotive markets were also challenging, with volumes being broadly flat across most regions, although volumes strengthened further in South America. Technical glass markets were varied, although the mix of products sold improved from earlier quarters.

      Cumulative Group revenues of ¥ 640,565 million (3Q FY2025 ¥ 629,966 million), were higher than the previous year, with a decline in the Architectural and Technical Glass business being offset by an increase in the Automotive business. Operating profits increased to ¥ 18,511 million (3Q FY2025

      ¥ 10,806 million), with the improvement arising mainly in the Architectural business in Europe. Exceptional items amounted to a net charge of ¥ 710 million (3Q FY2025: net charge of ¥ 2,522 million). Net financial expenses increased to ¥ 21,007 million (3Q FY2025 ¥ 18,192 million) and the Group’s share of the post-tax profit of joint ventures and associates improved to ¥ 4,401 million (3Q FY2025: ¥ 3,706 million). The taxation charge of ¥ 4,881 million (3Q FY2025 ¥ 3,101 million) is calculated based on the effective rate expected for the full-year and also includes a one-off increase in tax provisions. The Group recorded a loss attributable to owners of the parent of ¥ 5,134 million (3Q FY2025 loss of ¥ 10,079 million).

   2. Review by Business Segment

The Group’s business lines cover three core product sectors: Architectural, Automotive, and Technical

Glass.

Architectural, representing 43 percent of cumulative revenues, includes the manufacture and sale of flat glass and various interior and exterior glazing products within the commercial and residential markets. It also includes glass for the Solar Energy sector.

Automotive, with 52 percent of cumulative revenues, supplies a wide range of automotive glazing for new vehicles and for replacement markets.

Technical Glass, representing 5 percent of cumulative revenues, comprises several discrete businesses, including the manufacture and sale of very thin glass used as cover glass for displays, lenses and light guides for printers, and glass fiber components for engine timing belts.

Other operations include corporate costs, consolidation adjustments, certain small businesses not included in the segments covered above and the amortization of other intangible assets related to the acquisition of Pilkington.

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