SCAT Inc. (the “Company”), we would like to announce that at the Board of Directors meeting held on October 14, 2025, decided the following regarding the treatment of fractions of less than one share resulting from the gratis allotment of shares pursuant to Article 234, Paragraphs 4 and 5 of the Companies Act.
🔳 Outline of Purchase.
Based on a resolution at the Board of Directors meeting held on August 25, 2025, the Company conducted a gratis allotment of shares (issuance of 0.1 shares for each share) with an effective date of October 1, 2025.
With regard to the treatment of fractional shares less than one share arising from this gratis allotment of shares, the Board of Directors meeting held today resolved to purchase such fractional shares as treasury shares at today's closing price of the Company's common stock on the Tokyo Stock Exchange, Inc., in accordance with the provisions of Article 234, Paragraphs 4 and 5 of the Companies Act.
🔳 Details of Purchase.
①Type of shares to be purchased.
Common stock of the Company.
②Total number of shares to be purchased
shares
③Total amount of money to be paid in exchange for the purchase
The total number of shares to be purchased multiplied by the closing price of the Company's common stock on the Tokyo Stock Exchange, Inc. on the purchase date (October 14, 2025). However, if there are no purchases or sales transactions on that date, the amount shall be the price at which the first purchase or sales transaction is subsequently completed on the Tokyo Stock Exchange, Inc.
④Purchase date.
October 14, 2025.
However, if there is no trading on that day, the date on which the first trading is conducted thereafter on the Tokyo Stock Exchange, Inc.
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Contact for Inquiries：
Sakae Takahashi
IR Manager & Corporate Planning Office Manager
Tel:03-6275-1130
E-mail: ir@scat.inc
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