Tender Offer of Treasury Stock | July 2026

Overview of the Sale

On August 5, 2026, Tenox Corporation will sell 20,110 shares of treasury stock at 1,515 yen each as part of its transfer restriction-equipped stock compensation plan. The purpose of the sale is to enhance the executive compensation system and improve corporate value, targeting directors and executive officers. This sale is conducted based on the stock-based compensation system for executives, converting cash-based reward claims into shares, aiming to increase shareholder benefits and executive incentives. The sale is based on market stock prices and is a significant measure within the company's future executive compensation strategy.

Impact on Shareholders and Future Outlook

This treasury stock sale does not dilute shares and is positioned as a measure to improve the company's capital efficiency. Strengthening the executive compensation system aims to enhance corporate value and increase shareholder benefits. The proceeds from the sale are expected to be used for incentivizing executives and supporting the company's medium- to long-term growth strategies. The company will continue to implement measures to enhance shareholder value and improve stock liquidity and market valuation.