Taisei Corporation

Japan Airport Terminal announced on the 24th that it will sell 10 million shares. Financial institutions including Mizuho Bank and Taisei Corporation will sell their holdings. The offering price will be determined based on demand and other factors, with a preliminary range calculated by multiplying the closing price on any day from September 2 to 7 by 0.90 to 1.00. In addition, depending on demand, an overallotment of up to 1.5 million shares will be offered. Nomura Securities, one of the joint lead managers, will sell Japan Airport Terminal shares borrowed from shareholders. Japan Airport Terminal also announced a share buyback of up to 3.5 million shares, equivalent to 3.8% of outstanding shares, with a maximum value of 15 billion yen, to mitigate the impact of the offering on share supply and demand. The repurchase period runs from October 1 to March 31, 2027.