Notice regarding cancellation of treasury stock

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Company A, Ltd. (hereinafter "Company"), hereby announces that it has resolved today, by a written resolution at a meeting of its board of directors pursuant to Article 370 of the Companies Act, to cancel its treasury stock pursuant to the provisions of Article 178 of the Companies Act (Act No. 86 of 2005, as amended).
The cancellation of treasury stock is conditional on the approval of each proposal regarding the share consolidation, with an effective date of September 10, 2024, as described in today's press release, "Notice regarding share consolidation, abolition of provisions regarding unit share numbers, and partial amendments to the Articles of Incorporation," at our extraordinary general meeting of shareholders scheduled to be held on August 5, 2024, as originally proposed.

Record

1. Type of shares to be cancelled

Our common stock

2. Number of shares to be cancelled

2,849,285 shares (12.5% of the total number of shares issued before cancellation)
(Note) Figures are rounded off to the second decimal place.

3. Scheduled date of cancellation

September 9, 2024

(Reference)
After the cancellation, the total number of issued shares of the Company will be 19,908,515 shares.
The number of shares to be cancelled above will be equivalent to all of the treasury shares held by the Company as of June 19, 2024.

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