Kurabo to repurchase up to 500,000 shares via ToSTNeT-3

Kurabo Industries Ltd. has resolved to acquire treasury stock through an off-market repurchase transaction (ToSTNeT-3). On November 12, 2025, the company announced its intention to purchase up to 500,000 shares of its common stock. This represents 2.99% of its outstanding shares (excluding treasury stock). The maximum aggregate acquisition value is set at 3,520,000,000 yen. The order will be placed on November 13, 2025, at 8:45 AM JST, based on the closing price of 7,040 yen on November 12, 2025.

The acquisition results will be announced after the close of trading on November 13, 2025, at 8:45 AM JST. The actual acquisition may be partial or complete depending on market conditions.

This transaction is part of a broader resolution passed at the Board of Directors meeting on November 11, 2025, which approved the acquisition of up to 1,000,000 shares (5.98% of outstanding shares) with a maximum value of 7,000,000,000 yen. The acquisition period for this larger plan spans from November 12, 2025, to September 30, 2026, and includes market purchases in addition to ToSTNeT-3. As of November 12, 2025, no shares have been acquired under this broader resolution.