Starfish Co., Ltd.: Reduction in holdings by concerted parties of the controlling shareholder leads to a change in equity reaching the 1% threshold.

Starfish Co., Ltd. announced that its controlling shareholder's concerted action partner, Nantong Lianli, will reduce its holding by 2.221 million shares through a block trade on August 14, 2026. Together with other concerted actions, their total shareholding ratio will decrease from 63.78% to 62.87%, triggering a 1% threshold for equity changes. This reduction is in line with the previously disclosed reduction plan and does not trigger a mandatory tender offer. The reduction matters are consistent with the disclosed plan and commitments and have not been fully implemented. This equity change will not lead to a change in the company's controlling shareholder or actual controller, nor does it involve the disclosure of an equity change report, and there are no violations present.