ERI Holdings Co., Ltd. announced that it has resolved, at a meeting of the Board of Directors held on July 9, 2024, to pay dividends of surplus of JPY 30.00 per share for the fiscal year ended May 31, 2024 with a record date of May 31, 2024 compared to JPY 40.00 per share a year ago. Effective date: July 31, 2024. Reason: The company deems the improvement of its shareholders' profit as one of its priority management policies.

Fundamental profit distribution policy of the Company is sustainable dividend payment by semi-annual basis, while aiming to strengthen both the Company's financial structure and retained earnings for future growth investments. Based on this fundamental policy, the Company decided to pay JPY 30.00 per share for the year-end dividend as announced on December 28, 2023.