[Narasaki Industry] Share Buyback and Stock Grant to Directors｜July 2026

Overview of the Disposal

Narasaki Industry resolved to grant 28,700 shares of restricted stock to directors and executive officers on August 14, 2026, and to make a capital contribution totaling ¥118,531,000. The number of shares to be granted is determined based on the recent closing price of ¥4,130 on the Tokyo Stock Exchange, and the transfer restriction period continues until the recipients lose their officer positions. The shares are managed in a dedicated account at Daiwa Securities and are subject to transfer restrictions that can be解除されるunder certain conditions. This initiative aims to incentivize directors and improve corporate value.

Impact on Shareholders and Future Outlook

This share buyback aimed at providing long-term incentives to officers is considered to have a limited dilution effect. The introduction of the restricted stock system enhances directors’ commitment to improving corporate value and supports the company’s long-term growth strategy. Going forward, the company intends to continue to pursue sustainable value creation through executive compensation schemes and capital policies.