Ainabo Holdings <7539> announced on the 23rd the stock splits and partial changes to the articles of incorporation.

The company aims to improve the liquidity of its shares and expand its investor base by making it easier for investors to invest through lowering the investment unit amount per share of the company's stock.

The method of stock splits is to split the number of shares owned by shareholders listed or recorded in the shareholder registry as of the final shareholder registry on September 30, 2024, at a ratio of 2 shares for every 1 share. The total number of outstanding shares after the split is 23,295,640 shares, and the total number of shares issuable after the split is 54,000,000 shares. The record date is September 30, 2024, and the effective date is October 1, 2024.

Furthermore, due to the increase in the total number of shares issuable in accordance with the ratio of the stock splits, based on the provisions of Article 184, Paragraph 2 of the Company Law, the company will change a part of its articles (setting the total number of shares issuable to 54 million shares) with October 1, 2024, as the effective date.

There is no change in the amount of stated capital for this stock split. Also, since the effective date of this stock split is October 1, 2024, the payment of year-end dividends based on the number of shares before the stock split will be calculated using the number of shares prior to the stock split with the record date of September 30, 2024.