Notice of Share Buyback Based on Restricted Stock Compensation Scheme

Summary of the Transfer

Okuma, at the Board of Directors meeting held on July 16, 2026, resolved to transfer 6,600 common shares to five Directors and four Senior Executive Officers under the restricted stock compensation scheme. The transfer price is JPY 5,030 per share, totaling JPY 33,198,000. The transfer is scheduled for August 14, 2026. The purpose of the scheme is to enhance the motivation of executives and promote sustainable corporate value improvement. The transferred shares will be managed in a restricted account during the transfer restriction period, with details of the scheme and share management explained accordingly.

Impact on Shareholders and Future Outlook

This share buyback as part of the scheme aims to incentivize executives and improve corporate value, and is unlikely to significantly dilute existing shareholders. The number of shares transferred is limited, and the transfer price is based on prevailing market prices, so the impact on shareholder value is expected to be minimal. The company will continue to operate the scheme and implement measures to motivate its Directors, aiming for sustainable growth.