Completion of Share Buyback of Restricted Stock-Based Compensation | July 24, 2026

Overview of Disposal

Mitsuba Corporation announced that it has completed the payment process for 53,576 shares of treasury stock disposed of as restricted stock-based compensation on July 24, 2026. The disposal price was 1,099 Yen, totaling approximately 58.88 million Yen. The targets of disposal are directors and executive officers, with the allotted shares to two directors and twenty-one executive officers.

Impact on Shareholders and Future Outlook

The disposition of treasury stock was carried out as part of the company's stock-based compensation scheme and is considered to have little direct impact on shareholder dilution. The company will continue to promote appropriate capital policy and strive to enhance corporate value. Future disclosures regarding the use of funds from the disposal and long-term shareholder return strategies will be closely monitored.