[i-plug Inc.] Completion of Share Payment with Transfer Restrictions ｜ July 2026

Overview of Share Issuance

i-plug Inc. announced that on July 17, 2026, it issued 18,793 new shares with transfer restrictions and completed a payment of 26,197,442 yen at 1,394 yen per share. These shares were allocated to directors and executive officers to strengthen capital and incentivize management. The completion of this payment may result in share dilution and changes to the capital structure. Details are included in the related documents dated June 24, 2026.

Future Outlook and Impact on Investors

This issuance of new shares aims to incentivize officers and enhance corporate governance, providing short-term capital strengthening. While share dilution could affect existing shareholders' ownership ratios, it is expected to motivate management and increase corporate value in the medium to long term. Investors should pay attention to future management strategies and shareholder return policies.