【Iwate Bank】Share Buyback and Implementation of Director Stock Compensation Program ｜ July 2026

Overview of Capital Policy and Director Compensation System

Iwate Bank plans to dispose of 13,800 common shares at 2,243 yen per share on August 24, 2026, raising approximately 30.95 million yen. This is part of a restricted stock compensation system aimed at enhancing executive incentives and promoting sustainable corporate value. The proportion of shares disposed represents only 0.02% of total issued shares, limiting impact on shareholders. Details of the system include restrictions on transfer period, conditions for解除, and management methods.

Future Outlook and Impact on Shareholders

Iwate Bank intends to enhance corporate value through its director reward system and to share value with shareholders. The disposed shares will be managed during the restriction period and解除 upon meeting certain conditions. The dilution effect is minimal, unlikely to significantly impact existing shareholders'利益. The bank will continue to focus on incentivizing directors and increasing corporate value for sustainable growth.