Share Buyback of Restricted Stock-Based Compensation｜July 2026

Overview of the Disposition

Nagoya Bank resolved at its Board of Directors meeting on July 23, 2026, to dispose of 10,492 treasury shares at 5,890 yen, and to allocate them to officers as part of restricted stock-based compensation. The total amount of shares disposed is approximately 61.79 million yen, allocated among five executives and thirteen senior officers, aiming to enhance incentives for corporate value improvement and sustainable growth.

Purpose and Future Outlook

This disposition aims to strengthen officers' incentives to increase corporate value and promote value sharing with shareholders. The restricted transfer period is set during the officers' tenure, with a system in place for free acquisition upon retirement. Moving forward, the company plans to continue appropriately managing stock-based compensation as part of its executive compensation framework to enhance corporate value.