Notice of Disposal of Treasury Shares as Lump-Sum Grant Restricted Stock Compensation

Overview of the Plan and This Disposal

At an extraordinary board meeting, the Company resolved to dispose of treasury shares as lump-sum grant restricted stock compensation. The shares to be disposed of total 60,000 shares, the allocation date is November 20, 2026, and the total disposal amount is determined as 29,040,000 yen as a fair valuation. The recipient director is one individual who also serves as an executive officer, and the restriction period on transfer is set until the date of resignation.

Conditions for Transfer Restrictions and Special Provisions for Corporate Reorganizations

The transfer restriction period is from the allocation date until the resignation date, and release of the transfer restriction is calculated based on the period of service up to the conclusion of the ordinary general meeting of shareholders. If an approval date for an organizational restructuring arises, transfer restrictions will be released proportionally by dividing by 36 and applying that ratio to the number of shares. If transfer restrictions are to be released based on the business day prior to the effective date of the organizational restructuring, any shares for which restrictions are not released will be acquired by the Company free of charge automatically.