Open House to cancel treasury shares for enhanced shareholder returns

Open House Group Co., Ltd. announced on October 16, 2025, that its board of directors resolved to cancel 4,002,400 common treasury shares on October 31, 2025. This represents 3.32% of the total issued shares before the cancellation, reducing the total outstanding shares to 116,707,300.

The cancellation aims to strengthen shareholder returns and manage potential future dilution. The company's policy, reinforced in March 2025, targets a total return ratio of 40% or more, combining dividends and share buybacks. By increasing the free-float share ratio through this cancellation, Open House seeks to enable further share buybacks.

As of September 30, 2025, Open House held 8,174,834 treasury shares, with 112,534,866 shares outstanding excluding treasury stock. The cancellation will utilize treasury shares acquired during the fiscal year ended September 2025.