IVY Cosmetics Corp to Buy Back and Cancel A Shares

TOKYO, Aug 05 (Pulse News Wire) – Ivy Cosmetics Corporation (4918.T) announced today that its board of directors resolved to repurchase part of its A Preferred Shares and subsequently cancel those shares based on Article 16 of the company’s articles of incorporation and Article 178 of the Companies Act. Key details of the share buyback include: - Type of shares: A Preferred Shares - Total number of shares to be acquired: 250,000 - Price per share: ¥2,024 (Note 1) - Total acquisition cost: ¥506 million (Note 2) - Acquisition date: August 05, 2026 - Seller: White Silver Co., Ltd.

(Note 1) The price per share includes the initial issuance amount of ¥2,000 plus accrued dividend equivalent calculated according to the company's articles of incorporation. (Note 2) The funds will come from the “Other Capital Surplus.” Following the buyback, the company plans to cancel the acquired shares on August 05, 2026.

This action aims to reduce future dividend burdens associated with A Preferred Shares and enhance shareholder returns. As of July 31, 2026, the company had accumulated sufficient capital surplus ("Other Capital Surplus") of ¥1.589 billion to cover the costs of the buyback and cancellation.

The impact on the company’s performance is expected to be minor.