Notice regarding the disposal of treasury stock as restricted stock-based compensation for directors and an entrusted-type executive officers

Overview of disposal and background

In accordance with the restricted stock-based compensation scheme, the company resolved to dispose of 9,060 ordinary shares for five designated directors and executive officers. The disposal price is 1,845 yen per share, for a total of 16,715,700 yen. Payment date is October 9, 2026. The restriction period is set at about three years from the payment date, providing incentives in consideration of future performance improvement and shareholder value sharing. The allocation agreement includes restrictions on transfer period, termination conditions, vesting, share management, and handling in case of organizational restructuring.

Conditions and management of transfer restrictions

The transfer restriction period runs from August 27, 2026 to October 8, 2029. Termination conditions require continued status as a director or executive officer during the service period. If terms such as expiration of tenure, death, or loss due to legitimate reasons occur, transfer restrictions are解除されます (unlocked) according to the prescribed formula. Restricted stock is managed in a dedicated account at Daiwa Securities.