May 23,2025Notice Concerning Dividends of Surplus

DATE: May 23, 2025

Company: NS TOOL CO., LTD.

Representative: Hiroji Goto, President

Stock Code: 6157, Prime Market, Tokyo Stock Exchange Contact: Satoru Toda, Director,

Corporate Planning Office (TEL+81-3-6423-1135)

NS TOOL CO., LTD. (the "Company") hereby announces that it has resolved, at a meeting of the Board of Directors held today to pay dividends of surplus with a record date of March 31, 2025. This matter will be proposed at the Annual General Meeting of Shareholders to be held on June 24, 2025. Further details follow:

1. Details of dividend

   	Determined amount	Most recent dividend forecast (Announced on May 13, 2024)	Previous period results (Fiscal year ended March 31, 2024)
   Record date	March 31, 2025	March 31, 2025	March 31, 2024
   Dividend per share	JPY 15.00	JPY 15.00	JPY 12.50
   Total amount of dividends	JPY 373 million	-	JPY 310 million
   Effective date	June 25, 2025	-	June 24, 2024
   Source of dividends	Retained earnings	-	Retained earnings

2. Reason for the dividend payment

The company recognize that returning profits to shareholders is one of its important management priorities, and the basic policy is to implement flexible shareholder return measures in accordance with business performance, taking into consideration business performance trends, capital efficiency and total return ratio, etc., on the premise of securing a stable management base and sufficient internal reserves for business expansion, and maintaining the liquidity on hand necessary for mid-term business execution.

In addition, we decide dividends with an emphasis on stability and continuity.

※ The annual dividend forecasts are as follows: