The board of directors of Nippon Aqua Co., Ltd. at its meeting held on February 14, 2024, resolved to distribute dividends of JPY 32.00 per share for the fiscal year ended December 31, 2023 compared to JPY 24.00 per share paid a year ago. Record date is December 31, 2023. Effective date is March 29, 2024 and total amount of dividends is JPY 1,005 million.

In accordance with the policies, the dividends for the fiscal year ended December 31, 2023 will be 32 yen per share, an increase of JPY 2 per share from the most recent dividend payout forecasts. The increase is attributable to the fact that the financial results for the fiscal year ended December 31, 2023 exceeded the financial forecasts disclosed on February 10, 2023.