Nagase completes treasury stock acquisition via ToSTNeT-3

Nagase & Co., Ltd. completed the acquisition of its treasury stock through an off-hours trading system (ToSTNeT-3) on December 9, 2025. The company acquired 1,361,600 shares of its common stock for a total of JPY 4,999,795,200, at a price of JPY 3,672 per share. This move follows a resolution made by the board of directors on May 8, 2024, to amend its shareholder return policy under the "ACE 2.0" medium-term management plan, committing to a total return ratio of 100% for two years.

The acquisition is part of a larger treasury stock repurchase program authorized by the board of directors on November 6, 2025, which set an upper limit of 3,500,000 shares and a maximum acquisition value of JPY 8,000,000,000. This program is scheduled to run from December 8, 2025, to January 31, 2026.

As of December 9, 2025, the cumulative number of shares acquired under this resolution stands at 1,361,600 shares, with a total acquisition cost of JPY 4,999,795,200. This represents 3.35% of the total outstanding shares, excluding treasury stock.