Taiheiyo Cement : Notice Regarding Acquisition of Own Shares and Acquisition of Own Shares through the Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)

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Note: This document is a translated version of the Japanese original. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.May 12, 2026To whom it may concern: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))At the Board of Directors’ meeting held on May 12, 2026, Taiheiyo Cement Corporation (the “Company”) reached a resolution on matters relating to a share repurchase, as well as its specific method, pursuant to the provisions of Article 156 of the Companies Act, which is applied mutatis mutandis pursuant to Article 165, Clause 3 of the same Act.Reason for Treasury Share AcquisitionIn accordance with the Company’s Medium-Term Management Plan, the Company intends to improve capital efficiency as well as enhance returns to shareholders by repurchasing its own shares.Acquisition methodBased on the assumption of the Fully Committed Share Repurchase (FCSR) method as explained below, the Company will commission the purchase through the Tokyo Stock Exchange’s off-auction own share repurchase trading system (ToSTNeT-3) at 8:45AM on May 13, 2026, at the closing price (including the final special quote) of today (May 12, 2026) of JPY3,781 (the “Benchmark Price”), acquiring JPY10.0 billion (the “anticipated total acquisition amount”) worth of treasury shares. (No other trading system will be used, and there will be no change to the trading time.) The purchase order will be valid only during this trade session.Nomura Securities Co., Ltd. (“Nomura Securities”) is scheduled to place a sell order of 2,644,800 shares for this acquisition (the “anticipated number of shares acquired”), but as explained below, the shares obtained from Nomura Securities will be adjusted at a later date using the Company’s shares so that the Company’s actual purchase price will be equal to the average price of the Company’s shares over a specified period of time (to be explained in further detail below). As such, the final number of shares repurchased may fluctuate.Details of the repurchase(1)Type of sharesCommon stock(2)Total number of shares to be acquired2,644,800 sh...

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