Yamaichi Electronics : Notice of Decision on Matters Concerning Purchase of Treasury Shares

YAMAICHI ELECTRONICS CO., LTD.

Stock listing: Tokyo Stock Exchange - Prime Market	Code: 6941
President: Junichi Kameya
Managing Director: Kazuhiro Matsuda
Tel: [phone]	May 14, 2024

Notice of Decision on Matters Concerning Purchase of Treasury Shares

(Purchase of treasury shares under the provisions of the Articles of

Incorporation pursuant to Article 165, paragraph 2 of the Companies Act)

We hereby announce that the Board of Directors, at a meeting held on May 14, 2024, resolved matters relating to the purchase of treasury shares pursuant to Article 156 of the Companies Act as applied pursuant to Article 165, paragraph 3 of the said Act. Details are as follows:

1. Reason for purchase of treasury shares

To enhance shareholder returns by implementing agile capital policies that respond to business environment changes and improve capital efficiency.

2. Details of matters relating to the purchase

1. Type of shares to be acquired: Common shares of the Company
2. Total number of shares to be acquired: 500,000 (maximum)

(Ratio to the total number of shares issued (excluding treasury shares): 2.44%)

1. Total purchase amount: 1,000,000,000 yen (maximum)
2. Purchase period: From June 1, 2024 to December 31, 2024
3. Method of the purchase: Market purchase at the Tokyo Stock Exchange

Reference

Ownership of treasury shares as of March 31, 2024

Total number of shares issued and outstanding (excluding treasury shares): 20,443,377

Number of treasury shares: 1,386,398