SEIWA HOLDINGS Co., Ltd.

<h3>3. Dividend Policy</h3>
<p style="margin-left: 12.066666666666666666666666667px; line-height: 1; text-align: left; text-indent: 12px">Our basic policy is to prioritize shareholder returns by strengthening our earnings capacity to secure dividend resources and to implement continuous and stable dividends. Since our founding, we have not paid dividends. We intend to effectively utilize retained earnings as funds for investments in business expansion and organizational development. Following our listing, we plan to implement dividends by comprehensively considering our group's operating environment and investment plans for business expansion, as well as taking into account the levels of retained earnings and financial position.</p>
<p style="margin-left: 12.066666666666666666666666667px; line-height: 1; text-align: left; text-indent: 12px">When distributing surplus, our basic policy is to conduct surplus distributions twice annually—interim dividends and year-end dividends—with the Board of Directors serving as the decision-making body for these distributions. Our Articles of Incorporation provide that matters listed in Article 459, Paragraph 1 of the Companies Act, including surplus distributions, may be determined by Board of Directors resolution, except where otherwise provided by law.</p>
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<p>Our basic dividend policy is to provide continuous and stable dividends, with distributions implemented twice per year as a general rule. We plan to use retained earnings as investment funds for business expansion and organizational development. Following our listing, we will implement dividends by comprehensively considering management conditions, investment plans, and other relevant factors.</p>

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2026/04/14)	0	0	0	-
FY2025	Actual(2026/04/14)	0	0	0	-

SEIWA HOLDINGS Co., Ltd. (523A) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

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Dividend History (Forecasts, Revisions, Actuals)