Incon Co., Ltd. Decides to Issue Convertible Bonds - Includes Put and Call Options

Decision to issue convertible bonds (specific amounts, conversion price not disclosed)
Put option: 8 early redemption periods from Apr 2027 to Mar 2029, redemption rates 101.0138% ~ 102.8628%
Call option: Issuer can call up to 35% of each bondholder's holdings, at exercise amount plus 4% interest (2% net after surface interest)
Bondholders must maintain 35% of acquired amount unconverted until call option expiry
Purpose: facility funds (refer to asset transfer disclosure on May 6, 2026)