太陽ホールディングス（4626） – Notice regarding dividends from surplus

ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT This is a translation of the original Japanese-language document and is provided for convenience only. In the event of any discrepancy between this translated document and Japanese original, the original shall prevail April 28, 2022 To whom it may concern: Company Name: TAIYO HOLDINGS CO., LTD. Eiji Sato, President and CEO Representative: (Code: 4626, Listed on Prime Market of Tokyo Stock Exchange) Sayaka Tomioka, Executive Officer, General Manager of Corporate Planning Department Inquiries: Tel: +81-3-5953-5200 (main line) Notice regarding dividends from surplus TAIYO HOLDINGS CO., LTD. (hereinafter, “Taiyo Holdings”) hereby announces that it has resolved at the meeting of the Board of Directors held on April 28, 2022, to increase the year-end dividend for the fiscal year ended March 2022 as follows. This matter will be submitted to the 76th Ordinary General Shareholders Meeting scheduled to be held in June 2022. 1. Details of the dividends Decided Amount Record date March 31, 2022 Latest forecast for dividend (Announced on August 2, 2021) March 31, 2022 Dividend per share 37.00 yen (*74.00 yen) 32.55 yen (*65.10 yen) Total dividends Effective date Dividend resource 2,085 million yen June 20, 2022 Accumulated profit － － － Previous term results (Fiscal year ended March 31, 2021) March 31, 2021 95.10 yen (Ordinary dividend: 65.10 yen) (Commemorative dividend: 30.00yen） 2,697 million yen June 21, 2021 Accumulated profit (Note) We performed a stock split with effect from October 1, 2021 whereby each common stock of Taiyo Holdings was divided into two shares. Dividends have been calculated assuming the stock split was performed at the beginning of the fiscal year ended March 2021. Brackets indicate the dividend amount without taking the stock split into consideration. Dividends in parentheses represent dividends without considering stock splits. 2. Reasons for the revision of the dividend forecast Taiyo Holdings positions the return of profits to shareholders in cash as one of our most important policies, and provides continuous and stable high level of profit returns. We use dividend on equity (DOE) as a target indicator in our long-term management plan, and aim to “maintain a dividend on equity (DOE) of 5% or more based on consolidated financial results.” Based on the above policy, we have decided to increase our year-end dividend for the fiscal year ended March 2022 from 32.55 yen to 37.00 yen per share. (Reference) Annual Dividends Breakdown ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT This is a translation of the original Japanese-language document and is provided for convenience only. In the event of any discrepancy between this translated document and Japanese original, the original shall prevail Dividend per share Reference date Second quarter-end Fiscal year-end Total Previous forecast (Announced on August 2, 2021) Current term results (Fiscal year ended March 31, 2022) 65.10 yen 32.55 yen (*65.10 yen) － (*130.20 yen) 65.10 yen 37.00 yen (*74.00 yen) － (*139.10 yen) Previous term results (Fiscal year ended March 31, 2021) 65.10 yen 95.10 yen (Ordinary dividend: 65.10 yen) (Commemorative dividend: 30.00 yen) 160.20 yen (Ordinary dividend: 130.20 yen) (Commemorative dividend: 30.00yen) (Note) We performed a stock split with effect from October 1, 2021 whereby each common stock of Taiyo Holdings was divided into two shares. The year-end dividend per share for the fiscal year ended March 31, 2022 is stated after considering the effect of the stock split, and the total annual dividend is stated as “-“. Dividends in parentheses represent dividends without considering stock splits.