Taiheiyo Cement : Notice on the Decision of Terms of the 1st Issuance of Stock Acquisition Right via Third-Party Allotment for Acquisition of Own Shares via Fully Committed Share Repurchase (Japanese ASR)

About this update from Taiheiyo Cement Corporation

May 13, 2026 To whom it may concern: Notice on the Decision of Terms of the 1st Issuance of Stock Acquisition Right via Third-Party Allotment for Acquisition of Own Shares via Fully Committed Share Repurchase (Japanese ASR) Taiheiyo Cement Corporation (the "Company") hereby announces that as a result of the purchase of treasury shares through Tokyo Stock Exchange ("TSE") off-auction own share repurchase trading system (ToSTNeT-3), terms have been decided for the 1st issuance of stock acquisition right via third-party allotment as resolved at the Board of Directors meeting on May 12, 2026. For details, please refer to the Company's press release entitled "Notice Regarding Acquisition of Own Shares and Acquisition of Own Shares through the Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) (Acquisition of Own Shares Pursuant to Article 165, Clause 2 of the Companies Act and Acquisition of Own Shares through Fully Committed Share Repurchase (Japanese ASR))" dated May 12, 2026 and the Company's electronic announcements. 1. Overview of the terms (1) Exercisable shares Exercisable shares: 2,644,800 shares (maximum) * *The maximum number of exercisable shares is based on the assumption that the number of shares acquired at average price in (2) below is zero. (2) Number of Exercisable shares Number of Exercisable shares = (i) Number of shares acquired - (ii) Number of shares acquired at average price The Number of shares acquired is 2,644,800 shares The Number of shares acquired at average price is calculated as follows ① Repurchase amount Number of shares acquired at average price = ② Average price ① Repurchase amount is 9,999,988,800 yen ② The average price is calculated by multiplying the average VWAP (arithmetic mean of the VWAP of ordinary trades of the Company's common shares displayed on 5233_JT Equity AQR screen (or any substitute screen or service) released by Bloomberg L.P. on each trading day during the period for calculating the average share price) by 99.634%. The period for calculating the average price shall be the period from May 14, 2026 to the day before the date of exercising the stock acquisition right. This document is a press release to publicly announce the decision of terms of the 1st issuance of stock acquisition right via third-party allotment for acquisition of own shares via Fully Committed Share Repurchase (Japanese ASR). It ...

View stock analysis, news, and events for Taiheiyo Cement Corporation