Notice Concerning Finalization of Details of Cash-Settled Forward Transaction Relating to the Company's Own Shares

Marvelous Inc. has finalized the terms of a cash-settled forward transaction involving its own common shares, a strategic financial arrangement initially authorized by the Board of Directors on July 31, 2026. This transaction involves a forward contract with SBI SECURITIES Co., Ltd. acting as the forward seller. The agreement covers 4,736,300 underlying shares, which accounts for 7.79% of the company’s total voting rights as of March 31, 2026.

The financial parameters of the agreement establish a forward price of JPY 501 per share. The contract is set to mature on July 31, 2028, though the parties retain the flexibility to extend this date upon mutual consultation. Settlement will be conducted on a cash basis, with the specific maturity settlement date determined by the completion of share sales by the counterparty or through a mark-to-value settlement method, depending on the circumstances at the time of maturity.

This transaction represents a significant capital management initiative for the Tokyo-listed entertainment company. By utilizing a cash-settled forward structure, Marvelous Inc. manages its equity position without immediate physical share transfer, providing a mechanism to influence or hedge its own share value over a two-year horizon. The finalization of these details confirms the operational framework for the transaction, ensuring that the company’s treasury management remains aligned with the previously disclosed board resolutions.