Suzuken : Notice Regarding the Results of Acquisition of Treasury Shares Through ToSTNeT-3

November 15, 2023

Press Release SUZUKEN CO., LTD.

Shigeru Asano, President and CEO (Stock Code: 9987)

Securities Traded: Prime Markets of the Tokyo and Nagoya Stock Exchanges, and the Sapporo Securities Exchange

Contact: Yuichi Yamamoto, Executive Officer, Senior General Manager of Corporate Group Planning Headquarters

Tel.: [phone]

Notice Regarding the Results of Acquisition of Treasury Shares Through ToSTNeT-3

With respect to the acquisition of treasury shares announced yesterday (November 14, 2023), Suzuken Co., Ltd. hereby announces that it conducted the acquisition as follows.

1. Reason for Acquisition of Treasury Shares
   To carry out agile capital policy to manage changes in the business environment
2. Acquisition Details

(1) Type of shares acquired	Common shares
(2) Total number of shares acquired	2,800,000 shares
(3) Acquisition price	¥4,861 per share
(4) Total acquisition value	¥13,610,800,000
(5) Acquisition date	November 15, 2023
(6) Acquisition method	Acquisition through Trading Network Off-
	Auction Own Share Repurchase Trading
	System (ToSTNeT-3) at the Tokyo Stock
	Exchange

(Reference)

1. Details of Resolution to Acquire Treasury Shares (Announced on November 10, 2023)

(1) Type of shares to be acquired	Common shares
(2) Total number of shares to be acquired	6,000,000 shares (upper limit)
	(% to total number of shares outstanding
	(excluding treasury shares): 7.24%)
(3) Total acquisition value of shares	¥25 billion (upper limit)
(4) Acquisition period	November 13, 2023 to March 8, 2024
(5) Acquisition method	Market purchase including Tokyo Stock
	Exchange Trading Network Off-Auction Own
	Share Repurchase Trading System (ToSTNeT-
	3)

2. Total number of treasury shares acquired based on the above resolution (as of November 15, 2023)

(1) Total number of shares acquired	2,800,000 shares
(2) Total acquisition value of shares	¥13,610,800,000

This is an English translation of a statement written initially in Japanese and is provided for reference purposes only. The Japanese original shall prevail in the event of any discrepancy between this document and the original.