[F.Pico] Share Buyback and Introduction of Stock Compensation Program | June 2026

Overview of Share Buyback

F.Pico will dispose of 26,515 common shares on July 24, 2026. The disposal price is 2,603 yen per share, with a total amount of approximately 69 million yen. This disposal is part of a restricted stock compensation program aimed at improving incentives for directors and sharing shareholder value. The targets for disposal include 8 directors and 2 directors of subsidiaries, with a dilution rate of 0.03%, which is minor. Details of the program include restrictions on transfer and conditions for解除.

Purpose of the Program and Future Outlook

This program aims to provide incentives for directors and enhance corporate value. During the restriction period, transfer and collateralization of shares are limited, and解除 occurs after a specified period. The dilution resulting from the disposal is minimized, ensuring the program’s rationality and validity. The company intends to continue operating the system to motivate management and maximize shareholder value.