Notice of Disposal of Treasury Stock under Restricted Stock Compensation System | July 15, 2026

Overview of Capital Policy

Yashima Kizai decided to dispose of treasury stock based on a resolution of the Board of Directors on July 15, 2026, under the restricted stock compensation system. The disposal will be carried out on August 14, 2026, involving the transfer of 2,451 common shares to six directors at 2,650 yen per share. The purpose is to provide incentives and share value with shareholders. The disposed shares are subject to a transfer restriction period until August 13, 2056, which can be lifted under certain conditions. The background of this disposal includes the aim to enhance long-term motivation of the targeted directors and proper management of the system.

Impact on Shareholders and Future Outlook

This disposal of treasury stock is part of the restricted stock compensation system, strengthening director incentives without diluting shareholders' equity. The disposal price is set based on the market stock price, ensuring objectivity. The company intends to continue appropriately managing the system and improving director motivation to enhance corporate value. Even after the disposal, efforts will be made to maximize long-term shareholder value while maintaining transparency and fairness of the system.