Notice Regarding Disposal of Treasury Shares as Restricted Stock Compensation

Overview of the Plan and Implementation

Japan PropTech Co.,Ltd. resolved to dispose of treasury shares to three eligible directors and two eligible executive officers based on the introduction of a restricted stock compensation plan. The total shares to be disposed are 13,217 shares for directors and 5,938 shares for executive officers. The allocation price per share is 522 yen, and the total disposal amount is 6,899,274 yen. The restricted period is four years from November 13, 2026 to November 12, 2030.

Conditions, Cancellation and Management

Conditions for lifting the transfer restrictions include continued service by the recipients and the company achieving operating income of 2.5 billion yen or more for the fiscal year ending 2030, with specific provisions for resignation, retirement, or death. There are special provisions for organizational reorganizations and rules for free acquisition; in practice, timing of acquisition or lifting may be affected by multiple events. Shares will be managed in a dedicated account at Mizuho Securities, and there is a provision that upon lifting of restrictions shares may be acquired without payment.