Notice Regarding Disposal of Treasury Shares as Restricted Stock Compensation for the Employee Shareholding Association

Overview and Implementation of the Plan

Umenohana Group Co.,Ltd. will newly implement a restricted stock compensation plan with the employee shareholding association as the allottee and will dispose of treasury shares as restricted stock to eligible employees. The shares to be disposed are 33,450 shares, scheduled to be allotted at 921 yen per share. The allotment will be made by allotting shares to the shareholding association by third-party allotment, and the number allotted will be determined according to the number of shares applied for. The plan aims to promote employees' asset building and sharing of corporate value.

Restriction Period, Conditions, and Future Process

The restriction period is from 2026-11-13 through 2029-11-12. The restriction will be lifted at the end of the period provided the eligible employee remains a member of the shareholding association. If certain events such as withdrawal from the shareholding association occur, the company may acquire the restricted stock without consideration. Management will follow the terms of the allotment agreement and the shareholding association rules, and treatment in the event of organizational restructuring will be governed by the contract.