Notice of Share Buyback Based on Restricted Stock Compensation System | July 2026

Overview of the Disposal

On August 6, 2026, Owell will dispose of 12,949 common shares to 10 directors and executive officers based on the restricted stock compensation system. The disposal price is 1,050 yen, totaling 13,596,450 yen. This aims to enhance the motivation of the officers and sustain long-term company value. The disposed shares have a transfer restriction period set at 50 years, with restrictions lifted upon resignation or retirement.

Impact on Shareholders and Future Outlook

This share buyback, conducted as part of a compensation system for officers based on the system, is expected to have limited dilution of shares and minimal direct impact on shareholder value. It is intended to strengthen officer incentives and promote long-term growth strategies. The company will continue to monitor the operation of the system and business performance to implement appropriate capital policies.