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Notice Regarding Share Repurchase

Apr 28, 2023

On April 28, 2023, TechnoPro Holdings, Inc. Board of Directors has resolved on matters relating to a share repurchase program under Article 156 of the Companies Act, as applied pursuant to Article 165, paragraph 3 of the Companies Act, as detailed below.

1. Reasons for Share Repurchase

TechnoPro Holdings, based on a comprehensive consideration of factors such as cash reserves and stock price trends, intends to implement a flexible capital policy (improvement in capital efficiency, etc.) for the sustainable growth of the Group, thereby pursuing further value creation.


2. Details of Share Repurchase

(1) Class of shares to be repurchased Common stock of TechnoPro Holdings, Inc.
(2) Total number of shares to be repurchased Up to 1,000,000 shares
(Ratio to the shares outstanding: 0.93% [excluding treasury shares])
(3) Total repurchase amount Up to 3,000,000,000 yen
(4) Repurchase period From May 1, 2023 to September 29, 2023
Treasury shares held as of March 31, 2023
Total number of shares outstanding
(excluding treasury shares)
Total number of treasury shares 695,324 shares
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