【Rec】Share Buyback and Introduction of Share Compensation System｜July 2026

Overview of the Buyback

Rec Corporation has resolved to allocate 150,000 shares of restricted stock to five directors as share-based compensation rights worth ¥143.25 million through a share buyback scheduled for August 20, 2026. This is part of a share compensation scheme aimed at sharing the benefits and risks associated with stock price fluctuations with directors and promoting corporate value enhancement. The allocation will be made in-kind with the shares, and the purchase price will be determined based on the market stock price. The buyback is scheduled for August 20, 2026, and an extraordinary report under the Financial Instruments and Exchange Act has already been filed.

Impact on Shareholders and Future Outlook

This share buyback is intended to strengthen the directors' compensation system and improve corporate value, with limited dilution of shares expected. The buyback is designed to incentivize directors and contribute to sustainable management growth. The implementation remains within the bounds that do not impair shareholder interests. Attention is focused on future management strategies and shareholder return policies.