Nisshinbo : Notice Concerning Issuance of New Shares as Remuneration in the Form of Restricted Shares

About this update from Nisshinbo Holdings Inc.

Note: This document has been translated from 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. To whom it may concern Company name: Nisshinbo Holdings Inc. Representative: Yasuji Ishii, April 20, 2026 President and Representative Director (Code No. 3105, Prime Market of Tokyo Stock Exchange) Contact: Tetsuya Kumakawa, Director and Managing Officer Notice Concerning Issuance of New Shares as Remuneration in the Form of Restricted Shares Nisshinbo Holdings Inc. (the "Company") hereby announces that it has decided, by resolution of its Board of Directors dated today, to issue new shares as remuneration in the form of restricted shares (the "Issuance of New Shares") as set forth below. Overview of Issuance (1) Payment Date May 19, 2026 (2) Class and Number of Shares to Be Issued 31,600 shares of the common shares of the Company (3) Issue Price ¥1,820 per share (4) Total Amount of Issue Price ¥57,512,000 (5) Scheduled Allottees The Company 3 Directors (excluding Outside Directors): 4,660 shares 45 Managing Officers and employees: 16,935 shares The Company's subsidiaries 23 Managing Officers: 10,005 shares Purpose and Reason for Issuance The Company's Board of Directors, at its meeting held on May 25, 2018, resolved to adopt a restricted share remuneration plan under which Directors (excluding Outside Directors) will receive restricted shares (the "Plan") so that Directors (excluding Outside Directors) should share furthermore with shareholders merits and risks associated with fluctuation of the market price of the Company's shares and further enhance the motivation of Directors (excluding Outside Directors) to contribute to the enhancement of share price and the corporate value of the Company. In addition, at the Company's 175th Ordinary General Meeting of Shareholders held on June 28, 2018, it was approved, among other things, that the total amount of monetary remuneration claims to be paid to Directors (excluding Outside Directors) as remuneration, etc. related to the restricted shares under the Plan shall be set at no more than 40 million yen per year, the total number of restricted shares to be allotted to Directors (excluding Outside Directors) in each fiscal year shall be no more than 50,000 shares, and the period of restriction on the...

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