Ain Holdings Inc.

Ain Holdings announced on the 25th that it has resolved to adopt a policy for responding to large-scale purchases and other actions, in response to the share accumulation by Hong Kong-based investment fund Oasis Management. Oasis's shareholding ratio has reached 22.24%, and the company points out that information necessary for shareholders to judge the purpose and details of the share acquisition has not been disclosed, and that if further accumulation proceeds, it could have a serious impact on medium- to long-term corporate value and shareholder interests. If a large-scale purchase by Oasis is carried out or is likely to be carried out, the company will activate countermeasures such as the free allotment of share subscription rights, but will hold a general shareholders' meeting to confirm shareholders' intentions before doing so. The policy will remain in effect until the conclusion of the first board of directors meeting held after the annual general shareholders' meeting scheduled to be held by the end of July 2027. The company says this measure is intended to request Oasis to provide information necessary for shareholder judgment, evaluate the proposal at the board of directors, conduct negotiations and discussions, and secure the time necessary for shareholders to judge the merits of the large-scale purchase.