Completion of Share Buyback of Restricted Stock Compensation | July 2026

Overview of Capital Policy

Based on the board resolution on June 25, 2026, Shanei disposed of 8,628 shares of treasury stock as part of restricted stock compensation. The disposal price was 2,171 yen per share, with a total amount of approximately 18.73 million yen. The disposal target was five executive officers excluding directors, with the disposal date set for July 24, 2026. This disposal is considered part of employee incentive grants and the executive compensation system, aiming to improve capital efficiency and motivate employees and executives.

Impact on Shareholders and Future Outlook

This disposal of treasury stock is expected to optimize capital structure and improve stock liquidity. The disposed shares are part of restricted stock compensation, so the impact on shareholder value is considered limited. Going forward, Shanei intends to promote appropriate capital policies while striving to enhance corporate value. Shareholders can expect long-term corporate growth driven by improved capital efficiency and strengthened incentives for employees and executives.