Mito Country Club Co.,Ltd.

<h3 class="smt_head2">3 [Dividend Policy]</h3>Our golf course opened as a full-scale golf course in 1953 during the early days of golf in Japan. Since its opening, the golf club has operated under a structure where shareholder members who constitute the club are responsible for establishing club rules and club governance. Taking into account this history and the unique characteristics of golf course operations, we prioritize using retained earnings to maintain and improve the golf course and to provide high-quality services to players in both facilities and operations.Based on this historical context, the company has not declared dividends since its founding. Accordingly, no dividends are being paid in the current period.Retained earnings will be allocated to course maintenance and facility upgrades.

The company prioritizes retaining earnings for golf course maintenance and improvements, as well as providing quality services to players. Since its founding, the company has not paid dividends, instead directing retained earnings toward course upkeep and equipment upgrades.

Mito Country Club Co.,Ltd. (E04631) Dividends

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