Chugoku Electric Plans to Sell 6,300,000 Chudenko Shares in Buyback Offer

• Chugoku Electric Power plans to tender 6,300,000 CHUDENKO common shares in CHUDENKO's buyback offer at 4,614 yen per share.
• Expected proceeds total 29.07 billion yen; the group's ownership would decline from 41.34% to 33.42%.
• The offer runs from November 2 to December 1, 2026, with settlement starting December 23, 2026.
• Selling all tendered shares would generate approximately 5 billion yen in consolidated extraordinary income for the fiscal year ending March 31, 2027.
• Non-consolidated extraordinary income would reach approximately 28 billion yen; the disposal aims to improve capital efficiency.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Chugoku Electric Power Co. Inc. published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.