July 31, 2024
To whom it may concern:
Company name:

EIZO Corporation

Representative:

Masaki Ebisu, President & COO（Code :6737; Prime Market）
KiyotakaInquiries:

Hira,

Operating

Officer, Senior Manager,
General Affairs Dept.
(Telephone: +81-76-275-4121)

Notice Regarding Share Split, Partial Amendment to the Articles of Incorporation
Due to Share Split, and Revision of Dividend Forecast
EIZO Corporation (EIZO) hereby announces that it has resolved, at its Board of Directors meeting heldon July 31, 2024, to conduct a share split and partially amend the Articles of Incorporation due to thisshare split. Furthermore, EIZO hereby announces that, in accordance with this share split, it has also
revised the dividend forecast for the fiscal year ending March 31, 2025.

1. Share split(1) Purpose of the share split
By reducing the amount per investment unit of EIZO shares, EIZO aims to further expand its investor
base and improve the liquidity of EIZO shares by creating an environment that makes it easier forinvestors to invest in EIZO shares.
(2) Method of the share split
EIZO will carry out a 2-for-1 share split of EIZO common shares held by shareholders recorded in thelatest register of shareholders as of September 30, 2024.
(3) Number of shares to be increased by the share split(i)

Total number of issued shares before the share split

21,981,160 Shares(ii)

Number of shares to be increased by this share split

21,981,160 Shares(iii)

Total number of issued shares after the share split

43,962,320 Shares(iv)

Total number of shares authorized to be issued after the share split

130,000,000 Shares(4) Schedule of the share split
Date of public notice of the record date

September 13, 2024

Record date

September 30, 2024

Effective date

October 1, 2024

(5) Other
There will be no change in the amount of EIZO’s capital resulting from this share split.
2. Partial amendment to the Articles of Incorporation(1) Reason for the amendment
In accordance with the share split, EIZO will amend the total number of authorized shares in Article
6 of its Articles of Incorporation effective October 1, 2024, in accordance with Article 184, Paragraph
2 of the Companies Act.
(2) Details of the amendment(Amendments are underlined.)
Current Articles of Incorporation

Articles of Incorporation After Amendment(Total Number of Issuable Shares)(Total Number of Authorized Shares)

Article 6. The total number of shares that can Article 6. The total number of shares that canbe issued by the Company shall be 65,000,000.

be issued by the Company shall be 130,000,000.

(3) Schedule of the amendment
Date of resolution at the Board of Directors meeting

July 31, 2024

Effective date

October 1, 2024

3. Revision of dividend forecast for the fiscal year ending March 31, 2025
In accordance with the share split, the year-end dividend forecast for the fiscal year ending March 31,2025, announced on May 9, 2024, has been revised as follows.
However, the "Revised Forecast" below is the revision due to the share split, and there is no materialchange to the year-end dividend per share forecast in the Previous Forecast.
Since the share split is effective on October 1, 2024, the interim dividend for the fiscal year ending
March 31, 2025, with a record date of September 30, 2024, will be based on the number of shares
before the share split.
Dividends per share (yen)Last forecast(May 9, 2024)
Revised forecast（Before share split）

2nd quarter-end

Fiscal year-end

Total

105.00105.00210.0052.50‐（105.00）（210.00）

100.00200.00105.00

Actual dividend in the previous
fiscal year

100.00(ended March 31, 2024)* The forecast of total dividend per share is not shown due to the implementation of a share split,
which makes a simple comparison impossible. The forecast of annual dividend per share on a presplit basis is 210.00 yen per share.

Additional Note: Shareholder Return Policy (Announced on May 9, 2024)“We state that our key management objective is to achieve sustainable growth through businessexpansion and performance improvement, while maintaining financial soundness and providing
returns to shareholders. As of FY2023, we have strengthened our shareholder returns by setting atarget level for the shareholder return ratio at 70% of current net income (previously 40 - 50%).
During the period of the 8th Mid-Term Business Plan (FY2024 - FY2026), we will continue tostrengthen shareholder returns. The target level for the return rate will be set at 70% of consolidated
current net income +α, and depending on our performance, business environment, and funding
requirements for growth investments, we will flexibly determine the return rate.”

4. Shareholder Benefit Plan
There will be no change to the content and eligibility of the existing Special Shareholder Benefit Plan.

Eligibility
Program details

Shareholders holding one unit (100 shares) or more as recorded in the shareregister on the last day of March and September each year.
20% discount on the purchase of EIZO products through the online shoppingsite "EIZO Direct”* This document has been translated from the Japanese original for reference purposes only. In the event ofany discrepancy between this translated document and the Japanese original, the original shall prevail.