【Astmax】Share Buyback Implementation｜August 24, 2026

Overview of Capital Policy

Astmax resolved on August 24, 2026, to dispose of 14,329 shares of treasury stock at 271 yen, allocating them to two directors. This disposal is based on a restricted stock remuneration system and aims to incentivize long-term corporate value enhancement for shareholders and investors. The total amount for the disposal is 3,883,159 yen, and the recipients are subject to transfer restrictions until they lose their officer status. The purpose of the disposal is to provide incentives to directors and to sustainably increase corporate value.

Impact on Shareholders and Future Outlook

While this share buyback may lead to share dilution, it is considered part of an incentive scheme aimed at long-term corporate value improvement. The disposed shares cannot be traded or used as collateral during the restriction period and are managed through a dedicated account at Daiwa Securities. Going forward, the company will continue to enhance corporate value through its director compensation system, and investors may view this as a component of long-term corporate strategy.