May 13, 2024
To whom it may concern:
Company name:
Nippon Sanso Holdings Corporation
Name of representative: Toshihiko Hamada
Name of representative: Representative Director, President CEO(TSE Code: 4091, Prime Market of the TSE)
Contact person:
Keita Kajiyama
General Manager, IR(Phone: 81-3-5788-8512)

Notice Regarding Payment of a Year-End Dividend from Retained Earnings
Nippon Sanso Holdings Corporation (NSHD; President CEO: Toshihiko Hamada) hereby announces thatits Board of Directors met today and resolved to pay a year-end dividend from retained earnings, withMarch 31, 2024 as the recording date.

NSHD plans to pay the year-end dividend following approval by the Annual Meeting of Shareholders
scheduled for June 19, 2024. Details are as follows.

1. Details of DividendRecord date
Dividend per share
Total amount of dividends
Effective date
Source of payment

Amount decided

Year-end dividend forecast(AnnouncedMay 11, 2023)

Previous year-end dividend(Fiscal year ended March 31,2023)

March 31, 2024

March 31, 2024

March 31, 2023

24.00 yen

20.00 yen

20.00 yen

10,389 million yen-8,658 million yen

June 20, 2024

-June 21, 2023

Retained earnings-

Retained earnings

2. Reason
The Company has adopted a policy of allocating sufficient earnings to internal reserves for the expansion
and strengthening of its corporate capabilities, and will endeavor to make shareholder returns in line with adividend policy linked to consolidated performance and based on sustained payment of a stable dividend.
Based on this policy, and in view of its business results and so forth, the Company resolved to pay a yearend dividend of 24 yen per share for the fiscal year ended March 31, 2024, an increase of 4 yen over theprevious fiscal year and the most recent forecast.

(Reference) Breakdown of the Annual Dividend
Dividend per share
Record dateFiscal year ended
March 31, 2024
Fiscal year ended
March 31, 2023

InterimYear-end

Annual20.00 yen

24.00 yen

44.00 yen

18.00 yen

20.00 yen

38.00 yen

Important Notice – Trading of Nippon Sanso Holdings Corporation Common Stock, Disclaimer Regarding Unsponsored American
Depository Receipts

Nippon Sanso Holdings Corporation ("NSHD”) encourages anyone interested in buying or selling its common stock to do so on the Tokyo Stock
Exchange, which is where its common stock is listed and primarily trades. NSHD’s disclosures are not intended to facilitate trades in, and should
not be relied on for decisions to trade, unsponsored American Depository Receipts (“ADRs”).
NSHD has not and does not participate in, support, encourage, or otherwise consent to the creation of any unsponsored ADR programs or theissuance or trading of any ADRs issued thereunder in respect of its common stock. NSHD does not represent to any ADR holder, bank or depositary
institution, nor should any such person or entity form the belief, that (i) NSHD has any reporting obligations within the meaning of the U.S.
Securities Exchange Act of 1934 (“Exchange Act”) or (ii) NSHD’s website will contain on an ongoing basis all information necessary for NSHD tomaintain an exemption from registering its common stock under the Exchange Act pursuant to Rule 12g3-2(b) thereunder.
To the maximum extent permitted by applicable law, NSHD and its affiliates disclaim any responsibility or liability to ADR holders, banks,depositary institutions, or any other entities or individuals in connection with any unsponsored ADRs representing its common stock.