Globeride to buy back and cancel shares for capital efficiency

Globeride, Inc. resolved on November 10, 2025, to acquire and cancel its common shares. The company will place a consigned purchase order for up to 1,200,000 shares, representing 5.2% of its total issued shares (excluding treasury shares), through the Tokyo Stock Exchange off-auction own share repurchase trading system (ToSTNeT-3) on November 11, 2025.

The acquisition will occur at the closing price of 2,308 yen from November 10, 2025, with a maximum total acquisition cost of 2,769,600,000 yen. Results of the acquisition will be announced after the completion of the transaction at 8:45 a.m. on November 11, 2025. All shares purchased under this program will be cancelled on November 28, 2025. As of September 30, 2025, Globeride held 1,000,203 treasury shares, with 22,999,797 total issued shares (excluding treasury shares).