Notice Concerning Dividends of Surplus

May 19, 2026

Taiheiyo Cement Corporation (hereinafter "Taiheiyo Cement") hereby announces that at the meeting of its Board of Directors held on May 19, 2026, it has resolved to submit a proposal for the dividends of surplus with the record date of March 31, 2026 to the 28th Ordinary General Meeting of Stockholders to be held on June 26, 2026.

1. Details of Dividend

   	Determined amount	Most recent dividend forecast (Announced on May 12, 2026)	Fiscal year ended March 31, 2025
   Record date	March 31, 2026	Same as on the left	March 31, 2025
   Dividend per share	50.00 yen	Same as on the left	40.00 yen
   Total dividends	5,592 million yen	-	4,468 million yen
   Effective date	June 29, 2026	-	June 30, 2025
   Source of dividends	Retained earnings	-	Retained earnings

2. Reason

Taiheiyo Cement's basic policy regarding profit distribution is to maintain stable dividends, while taking into consideration the business environment and our performance for the term under review.

As previously forecasted, we plan to pay the year-end dividend of 50.00 yen per share for the current fiscal year. As a result, the annual dividend will be 100.00 yen per share including the interim dividend already paid.

(Reference) Breakdown of annual dividends