雪国まいたけ（1375） – [Delayed] Announcement Concerning Acquisition of Own Shares

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. February 3, 2022 For Immediate Release Company Name: YUKIGUNI MAITAKE CO., LTD. Iwao Ashikaga, President and CEO, Representative: Representative Director (Tokyo Stock Exchange, First Section:1375) Takenori Sakurai, Executive Officer (Chief Financial Officer) Tel: +81-25-778-0162 Inquiries: Announcement Concerning Acquisition of Own Shares Yukiguni Maitake Co., Ltd. (the “Company”) hereby announces that its Board of Directors, at a meeting held today, February 3, 2022, resolved to acquire its own shares in accordance with the provisions of Article 156 of the Companies Act, as applied pursuant to Article 165, Paragraph 3 of the same Act. 1. Reason for acquisition of own shares The Company will acquire its own shares as part of a flexible capital policy to increase shareholder value per share and respond to changes in the business environment. The Company is considering the introduction of an incentive plan for officers and employees and other policies for the use of the acquired treasury stocks. 2. Details of acquisition of own shares Class of shares to be acquired Common stock of the Company Total number of shares to be Up to 40,000 shares Total amount of share acquisition costs Up to ¥50 million Acquisition period February 4, 2022 to March 3, 2022 acquired (0.10% of total number of outstanding shares (excluding treasury stocks)) 1 3. For reference: Status of treasury stocks as of February 3, 2022 Total number of outstanding shares (excluding treasury 39,910,700 shares Number of treasury stocks 0 share stocks) (end) 2