[3135] Notice Regarding Expansion of Shareholder Benefit Program

* This article is a re-edited version of the timely disclosure document of the same name dated December 19, 2024.

We are pleased to announce that at the Board of Directors meeting held today, we resolved to expand our shareholder benefit program as follows.

1. Purpose of Expanding the Shareholder Benefit Program

Toward the goal of improving corporate value over the medium to long term, we have been working to establish our presence in the ever-expanding reuse market, primarily by expanding the business scale of our group's core net-based reuse business. Under these circumstances, we introduced a shareholder benefit program this year to express our gratitude for the daily support of our shareholders, as well as to increase the attractiveness of investing in our company's stock, improve liquidity, and expand our investor base. Since then, in our full-year financial results announcement for the fiscal year ended June 30, 2024, dated August 14, 2024, we stated our policy to proceed with discussions on expanding the content of the shareholder benefit program as part of our 'Basic Policy on Stock Price and Shareholder Returns', and as a result of continued deliberations, we have decided to expand the shareholder benefit program as follows. We kindly ask for your continued support and encouragement.

2. Details of Expansion (Changes)

*1. Regarding the content of the digital gift, we plan to allow you to choose from several options, including QUO Card Pay, Amazon Gift Cards, and PayPay Money Light. We will announce the details as soon as they are decided.
*2. As in the past, shareholder benefits with a record date of the end of June are scheduled to be sent enclosed with the Notice of Convocation of the Ordinary General Meeting of Shareholders. Regarding the shipment of shareholder benefits with a record date of the end of December, we will announce the details as soon as they are decided.

3. Effective Date

This change to the program will be applied starting from the shipment of benefits to shareholders listed or recorded in the shareholder register as of the end of June 2025 (record date).

4. Impact on Business Performance

The impact of this matter on our business performance is currently under review, and we will make a timely disclosure if the need arises in the future.

5. Other Future Policies, etc.

In addition, as disclosed in the full-year financial results presentation materials for the fiscal year ended June 30, 2024, we have a policy to sequentially review our current derivative contracts, assuming that our stock price will head toward a stable upward trend due to future earnings growth and the implementation of shareholder return measures in line with that growth.

Please refer to past IR note articles for details on derivative transactions (cash-settled forward contracts for our own shares).

6. Online Briefing to be Held on Friday, December 20

We are planning to hold an online IR briefing for individual investors on Friday, December 20.
Anyone can participate for free, so please join us.

7. IR Inquiries

For IR-related inquiries, please use the dedicated inquiry form below. We will respond by the next business day in principle.

Please note that depending on the nature of your inquiry, it may take some time for us to respond.