トピー工業（7231） – Notice Regarding the Acquisition of Treasury Stock and Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)

June 7, 2022 Company Name: TOPY INDUSTRIES, LIMITED Representative: Nobuhiko Takamatsu, President and CEO (Code: 7231 Tokyo Stock Exchange; Prime Market, Nagoya Stock Exchange; Premier Market) Contact: Tetsuya Sakai, Operating Officer and General Manager, General Affairs Department (TEL: 03-3493-0777) Notice Regarding the Acquisition of Treasury Stock and Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) (Acquisition of treasury stock based on the articles of incorporation as stipulated in article 459 paragraph 1 of the Company Act and Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)) This notice is with regards to the resolution on June 7, 2022 in accordance to article 370 of the Company Act and article 24 of the articles of incorporation of Topy Industries, Ltd., on the acquisition of treasury stock and the detail of its purchase method in accordance to article 459 paragraph 1 of the Company Act and article 38 of the articles of incorporation of Topy Industries, Ltd. 1. Reason for acquisition of treasury stock In order to pursue a flexible capital policy in reaction to changes in the management environment. 2. Method of Acquisition Topy Industries will consign purchase at a closing price (including final special quote) of 1,414 Yen as of this day (June 7, 2022) through off-auction own share repurchase trading system of the Tokyo Stock Exchange (ToSTNeT-3) at 8:45 a.m. as of June 8, 2022 (no change to other trading system or trading time shall be made). This purchase order shall be an order made only for this trading time. Common Stock 160,000 shares (maximum) (3) Total amount of shares to be 226,240,000 Yen (maximum) 3. Contents of Acquisition (1) Class of shares to be acquired (2) Total number of shares to be acquired acquired (4) Public announcement of the results of acquisition Results of acquisition to be disclosed after completion of trade at 8:45 am. (Note 1) Changes to this stock will not be done. Depending on market trend etc., part or all of the acquisition may not occur. (Note 2) The purchase will be made with sell orders corresponding to the number of shares to be acquired. (Reference) Number of treasury stock held as May 31, 2022 Total number of shares outstanding (excluding treasury stock) Number of treasury stock Note: This document has been translated from the original Japanese version for reference purposes only. In the event of any discrepancy between this translated document and the original Japanese version, the original shall prevail. The original disclosure in Japanese was released on June 7, 2022 at 17:30 (GMT+9). The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation. 23,026,588 shares 1,050,922 shares