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Notice Regarding Changes to the Shareholder Benefit Program and the Record Date for Shareholder Benefits

The eligible shareholding categories and benefit amounts will be revised based on the number of shares held following the stock split, and continuous holding requirements and long-term holding benefits will be introduced. In addition, the record date for shareholder benefits will be changed from 30 September each year to 31 March, and no benefits will be provided based on the 30 September 2027 record date.

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Decision and Details

Changes to the shareholder benefit program and the record date for shareholder benefits

Decision25 August 2026
Period CoveredThe period for which 31 March of each year will thereafter be the record date for shareholder benefits
ImplementationThe eligible shareholding categories and benefit details will apply to shareholders listed or recorded in the shareholder register as of 30 September 2026. The continuous holding requirements, long-term holding benefits and change to the record date for shareholder benefits will apply to shareholders listed or recorded in the shareholder register as of 31 March 2027 (予定).
Going forwardThe eligible shareholding categories and benefit details will change from the shareholder benefits based on the 30 September 2026 record date. The continuous holding requirements, long-term holding benefits and new record date for shareholder benefits will apply from the shareholder benefits based on the 31 March 2027 record date. No shareholder benefits will be provided based on the 30 September 2027 record date
AmountBenefit amounts: equivalent to ¥1,500, ¥2,500 and ¥6,000. Additional long-term holding benefits: equivalent to ¥1,000 and ¥2,000
Quantity / scaleStock split: 4 shares for each 1 share. Eligible shareholding categories: 200–399 shares, 400–999 shares and 1,000 shares or more. Continuous holding requirement: at least 6 months. Long-term holding requirement: at least 3 years. Requirement for consecutive listing or recording in the shareholder register: at least 3 times and at least 13 times
Reason

Following the stock split implemented on 1 July 2026, to further enhance the attractiveness of investing in the Company's shares and encourage more shareholders to hold them over the medium to long term. To improve shareholder convenience and align the record date with the Company's fiscal year

Decision and Details
ItemDetails
Matter CoveredChanges to the shareholder benefit program and the record date for shareholder benefits
Decision Date25 August 2026
Implementation DateThe eligible shareholding categories and benefit details will apply to shareholders listed or recorded in the shareholder register as of 30 September 2026. The continuous holding requirements, long-term holding benefits and change to the record date for shareholder benefits will apply to shareholders listed or recorded in the shareholder register as of 31 March 2027 (予定).
Period CoveredThe period for which 31 March of each year will thereafter be the record date for shareholder benefits
AmountBenefit amounts: equivalent to ¥1,500, ¥2,500 and ¥6,000. Additional long-term holding benefits: equivalent to ¥1,000 and ¥2,000
Quantity / scaleStock split: 4 shares for each 1 share. Eligible shareholding categories: 200–399 shares, 400–999 shares and 1,000 shares or more. Continuous holding requirement: at least 6 months. Long-term holding requirement: at least 3 years. Requirement for consecutive listing or recording in the shareholder register: at least 3 times and at least 13 times
ReasonFollowing the stock split implemented on 1 July 2026, to further enhance the attractiveness of investing in the Company's shares and encourage more shareholders to hold them over the medium to long term. To improve shareholder convenience and align the record date with the Company's fiscal year
Future plansThe eligible shareholding categories and benefit details will change from the shareholder benefits based on the 30 September 2026 record date. The continuous holding requirements, long-term holding benefits and new record date for shareholder benefits will apply from the shareholder benefits based on the 31 March 2027 record date. No shareholder benefits will be provided based on the 30 September 2027 record date
Items this document does not state (4)
Decision-Making BodyImpact on Business PerformanceGoverning RuleRelated previous disclosures

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Following the stock split implemented on 1 July 2026, the shareholder benefit program will be expanded to further enhance the attractiveness of investing in the Company's shares and encourage more shareholders to hold them over the medium to long term. In addition, the record date for shareholder benefits will be changed to improve shareholder convenience and align it with the Company's fiscal year.

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Notice Regarding Changes to the Shareholder Benefit Program and the Record Date for Shareholder Benefits | MORINAGA MILK INDUSTRY CO.,LTD. (2264) timely disclosure | Komori