[Shoho] Completion of Share Buyback of Restricted Stock Awards｜July 2026

Overview of Capital Policy

Based on the board resolution dated June 24, 2026, Shoho conducted the disposal of treasury stock as part of restricted stock compensation, and completed the payment procedures. The number of shares disposed was 26,367 shares, with a disposal amount of 52,707,633 yen, and a disposal amount per share of 1,999 yen. The disposal method involved allocation of specific transfer-restricted stock, with recipients being 5 directors (excluding outside directors) and 9 executive officers.

Impact on Shareholders and Future Outlook

The impact of this treasury stock disposal on share dilution is considered limited. The purpose of the disposal is thought to be shareholder returns and enhancement of executive compensation, but detailed funding uses and future share policy have not been specified. Continued capital policy aimed at increasing shareholder value is expected.