31st Stock Option Issue | May 14, 2026

Overview of Capital Policy

MaxVal Tokai decided at its board meeting held on May 14, 2026, to issue 52 stock options (stock compensation type). Each option grants the right to acquire 100 common shares at exercise, with a period from July 16, 2026, to July 15, 2041. The exercise price is set at 1 yen, with adjustments for stock splits or mergers affecting the number of shares and the payment amount. This aims to incentivize executives and enhance shareholder value.

Impact on Shareholders and Future Outlook

The issuance of these stock options is part of the compensation scheme for executives and is considered to have a limited impact on share dilution. The exercise period is long-term, with expected exercises depending on stock prices and business performance. The company will continue its capital policies aimed at increasing shareholder value and motivating management.