Completion of Share Buyback of Restricted Stock-based Compensation | July 2026

Overview of Capital Policy

Chudenko Corporation completed the disposal of shares acquired as restricted stock-based compensation, as resolved at the Board of Directors meeting held on June 24, 2026. The number of shares disposed of is 17,700, with a disposal price of ¥5,460 per share, totaling approximately ¥96,640,000. The recipients are directors and executive officers, and the disposal date is July 23, 2026. This disposal is part of a compensation system for officers aimed at enhancing shareholder value and incentivizing management.

Impact on Shareholders and Future Outlook

Although this disposal of treasury stock does not significantly change the total number of issued shares or shareholder composition, it aims to strengthen the incentive scheme for officers and improve shareholder value. Going forward, the company will continue to promote appropriate share management and shareholder return as part of its capital policy. The impact of this disposal on share dilution is limited, with a focus on long-term corporate value enhancement.