Completion of Share Buyback with Restricted Stock Compensation｜July 2026

Overview of Capital Policy

Daiwa Industries Ltd. disposed of 1,576 shares of treasury stock with restricted stock compensation on July 24, 2026, raising a total of ¥19,069,600. The disposal was resolved at the Board of Directors meeting on June 26, 2026, and the payment procedures have been completed. The disposal price was ¥12,100 per share, and the recipients were executive officers and directors of subsidiaries, including executive officers. This disposal was carried out as part of the officers' compensation system and is considered a component of the company's capital policy.

Impact on Shareholders and Future Outlook

This disposal of treasury stock will not significantly alter the total number of shares or capital structure, and the direct dilution to shareholder value is limited. The company plans to continue implementing capital policies aimed at optimizing officer compensation and enhancing capital efficiency. Details of the disposal and future capital policy directions will continue to be disclosed.