May 8, 2024
(Translated from the Japanese original)
Company Name: TIS Inc.
Yasushi Okamoto, President andRepresentative:
Representative Director
Stock Listing:Prime Market, Tokyo Stock Exchange
Stock Code:
3626
Makoto Nakagawa, Section Manager ofContact:
Investor Relations & Shareholder Relations
OfficePhone:+81-50-1702-4115 (in Japan, 050-1702-4115)

Notice regarding Dividends from Surplus (Dividend Increase)
TIS Inc. (hereafter, “TIS” and “the Company”) hereby announces that the Board of Directors resolved
at its meeting today to distribute dividends from surplus, with a record date of March 31, 2024. Details
are provided below.
Note that this resolution will be referred for discussion and approval at the 16th Annual General
Meeting of Shareholders scheduled for June 25, 2024.

Details
1. Dividend details
Determined value
Record date
Dividend per share
Total dividends
Effective date
Source of dividends

March 31, 2024
¥39
¥9,213 million
June 26, 2024
Retained earnings

Latest dividend forecast(AnnouncedMay 9, 2023)
Same as left
¥36－－－Results
in previous fiscal year(Fiscal 2023)
March 31, 2023
¥35
¥8,502 millionJune 26, 2023
Retained earnings

2. Reasons
The Company’s basic policy is to keep internal reserves at a level sufficient to ensure businessgrowth from a medium- to long-term perspective, while continuing to pay a stable dividend inconsideration of consolidated financial results.
Guided by this policy, TIS endeavored to build a more appropriate capital structure and improve
capital efficiency during Medium-Term Management Plan (2021–2023), underpinned by a goodbalance in its approaches to promote growth investments and ensure a sound financial position. In theprocess, the Company had a goal to raise the level of engagement with all shareholders by boosting
the total return ratio yardstick to 45%, from 40%, and constantly enrich dividends per share.
Management plans to distribute a year-end dividend of ¥39 per share for fiscal 2024, ended
March 31, 2024, which is ¥3 higher than first announced. This reflects favorable business growth that
performance results exceeded initial estimates. Consequently, the annual dividend for fiscal 2024 willbe ¥56 per share. Adding in the repurchase of treasury stock during fiscal 2024, at ¥28.6 billion, the1

total return ratio will reach 85.8%.
Note that, as described above, TIS seeks to constantly enrich profit distribution to shareholders,matched to business growth, and toward this end, management feels it is best to implement return toshareholders based on profit obtained from operating activities not impacted by temporary profits
and losses. Applying this idea further, in calculating the total return ratio, TIS removed an equivalentof about ¥22.4 billion from treasury stock acquired in fiscal 2024 because repurchase was carried out
in response to the intention of corporate shareholders to sell shares. The total return ratio based on
this criteria is 44.9%—a level in line with basic policy.
Reference: Breakdown of annual dividends
Dividend per share
Effective dateFiscal 2024
(March 31, 2024)
Fiscal 2023
（March 31, 2023）

Total returnratio

Payout ratio

¥56

85.8%

27.5%

¥5076.0%

22.0%

End ofsecond quarter

Year-end

For the year(total)

¥17

¥39

¥15

¥35END2