Odakyu's Shareholder Benefits Become Even More Attractive; Shareholder Benefit Program to be Sequentially Expanded

Odakyu Electric Railway Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo; President: Shigeru Suzuki) will sequentially expand its shareholder benefit program, starting with the benefits sent to shareholders as of the end of September 2026 (scheduled for dispatch in late November 2026).

This expansion of the shareholder benefit program is being implemented to express gratitude for the daily support from shareholders and to make the company's stock feel more attractive for investment to a broader audience, including existing shareholders. It also aims to expand opportunities for shareholders to experience the various services of our group, starting with our railway.

[Image captions: Commuter train running along the line, Romancecar Museum, Hakone Yuryo, Konohana no Yu, Hakone Pirate Ship]

From the shareholder benefits sent to shareholders as of the end of September 2026, the 'Long-Term Holding Benefit' will be expanded. For this benefit, which is additionally provided to those who have continuously held a certain number of shares for three years or more, the minimum required holding will be lowered from '1,500 shares or more' to '500 shares or more,' and the content will be enhanced. Specifically, in addition to increasing the number of Odakyu Line All-Line complimentary ride tickets (ticket type), admission tickets to the 'Romancecar Museum,' which has also started exhibiting the Romancecar VSE (50000 series), the 'Hakone Free Pass' to enjoy attractions like the Hakone Ropeway and Hakone Pirate Ship, and admission tickets to hot spring facilities like 'Hakone Yuryo' will be newly sent according to the number of shares held. This will make the content even more satisfying for shareholders who hold shares for the long term.

Furthermore, from the shareholder benefits sent to shareholders as of the end of March 2027, the minimum holding required to be eligible for shareholder benefits will be lowered from '500 shares or more' to '100 shares or more,' making the company's stock feel more attractive for investment to a wider audience.

Our company will continue to grow together with the local community while cherishing opportunities for shareholders and investors to feel closer to our business.

Details of the shareholder benefit program expansion are as follows.

Details

1. Expansion of Long-Term Holding Benefit (1) Start Time Shareholder benefits sent to shareholders listed on the shareholder registry as of the end of September 2026 (scheduled for dispatch in late November 2026)

(2) Expansion Details The 'Long-Term Holding Benefit,' additionally provided to those who have continuously held a certain number of shares for three years or more, will have its content enhanced, and the minimum required holding for this benefit will be lowered from '1,500 shares or more' to '500 shares or more.'

※ Shaded areas indicate the current expansion details. ※ The listed contents will be sent once every half-year (twice a year). ※ The Hakone Free Pass and Hakone Yuryo/Konohana no Yu admission tickets will be provided via the 'EMot' service (https://www.emot.jp/). ※ The Hakone Free Pass is for local use (does not include Odakyu Line fare) and is valid for 2 days. ※ The Hakone Free Pass has some specifications that differ from the regular version, such as being non-refundable. ※ For the Hakone Yuryo/Konohana no Yu admission ticket, you will choose one of the facilities. ※ Details on the above notes will be separately notified to eligible shareholders. ※ The long-term holding benefit is additionally provided to shareholders who have continuously held the specified number of shares or more on all seven of the most recent record dates (March 31, September 30) and have the same shareholder number, according to the minimum number of shares held on those seven record dates. For the dispatch in November 2026, those who, as of the September 30, 2026 record date, have continuously held the specified number of shares or more on all seven of the most recent record dates including that date will be eligible. ※ The dispatch time is a current schedule.

2. Lowering the Minimum Holding for Shareholder Benefit Eligibility (1) Start Time Shareholder benefits sent to shareholders listed on the shareholder registry as of the end of March 2027 (scheduled for dispatch in late May 2027)

(2) Expansion Details The minimum holding required to be eligible for shareholder benefits will be lowered from '500 shares or more' to '100 shares or more.'

Those holding 500 shares or more will continue to receive benefits once every half-year (twice a year), and those holding 100 to less than 500 shares will receive the following benefits once a year.

※ Shaded areas indicate the current expansion details. ※ Shareholders holding 500 shares or more of our company's stock for three years or more will receive the 'Long-Term Holding Benefit' in addition to the above, according to the number of shares held. ※ The content of the discount coupons is common regardless of the number of shares held. Details can be confirmed at the URL below. The content of these coupons may change without notice. URL: https://www.odakyu.jp/ir/stockholder/compliment.html ※ The dispatch time is a current schedule.

3. Shareholder Benefit Program Expansion Special Page