Toyo Engineering CorporationTSE: 6330

Notice of Conversion of Class A Preferred Shares into Common Shares

· Issued by Toyo Engineering Corporation

February 16, 2026 Company Name: Toyo Engineering Corporation

President & CEO: Eiji Hosoi Stock Code: 6330, Stock Listing: Tokyo Stock Exchange Prime Market

Inquiries: Naoko Hashimoto, General Manager Corporate Communications Department

TEL: +81-(0)50-1735-7304

Notice of Conversion of Class A Preferred Shares into Common Shares

Integral Team Limited Partnership and Innovation Alpha Team L.P. , the shareholders of Toyo Engineering Corporation (the "Company") holding the Class A Preferred Shares, today (February 16, 2026) executed their right to convert a part of the Class A Preferred Shares into the Common Shares according to Clause 12-6 of the Company's Articles of Association.

Exercise Overview

Integral Team Limited

Partnership

Innovation Alpha

Team L.P.

Total

Number of Class A Preferred

Shares (pre-conversion)

17,576,600 shares

2,693,700 shares

20,270,300 shares

Number of Class A Preferred

Shares converted

3,640,500 shares

558,000 shares

4,198,500 shares

Number of Class A Preferred

Shares (post-conversion)

13,936,100 shares

2,135,700 shares

16,071,800 shares

Number of Common Shares newly delivered due to

conversion

3,640,500 shares

558,000 shares

4,198,500 shares

Note1 The number of Common Shares delivered per each Class A Preferred Share due to conversion is 1.

2 Please refer to "Notice regarding Issuance of Preferred Shares through Third-Party Allotment, Partial Amendments to the Articles of Incorporation and Reduction of Amounts of Capital Stock and Legal Capital Surplus " dated November 28, 2018 for details about the Class A Preferred Shares.

Reference: Common and Preferred Shares Outstanding of the Company

Types

Pre-Conversion

Post-Conversion

Change

Common Shares

38,558,507 shares

42,757,007 shares

+4,198,500 shares

Class A Preferred Shares

(of which, Treasury Shares)

20,270,300 shares

(0 shares)

20,270,300 shares

(4,198,500 shares)

0 shares

(+4,198,500 shares)

END