Completion of New Share Issuance with Transfer Restrictions｜July 2026

Overview of Capital Policy

Based on the Board of Directors resolution dated June 24, 2026, Nichi Foods Corporation completed the issuance of new shares as share-based restricted stock compensation, with the payment process finalized. The issued shares amount to 51,084, with an issue price of 2,104 Yen per share, totaling 107,480,736 Yen. The targeted recipients are directors and executive officers, with shares allocated to each. This aims to incentivize employees and officers and enhance corporate value.

Impact on Shareholders and Future Outlook

This issuance of new shares is not related to share buybacks or dividends; it is a capital policy aimed at strengthening the compensation system for management. Dilution of shares is considered limited and is positioned as part of the company's long-term growth strategy. Going forward, the company intends to continue strengthening corporate value through appropriate capital policies, and investors can expect a stable management foundation.