[Ryukyu Bank] Share Buyback and Incentive Program | July 2026

Overview of Disposal

Ryukyu Bank plans to allocate 21,070 shares of treasury stock on October 16, 2026, as part of an incentive scheme for employees. The disposal price is 2,949 yen per share, totaling 62,135,430 yen. The disposal will be conducted through third-party allotment, with the employee shareholding association as the allottee, and the shares will be managed as restricted stock. The purpose of the scheme is to support employees' asset formation, foster a sense of participation in management, and enhance corporate value.

Impact on Shareholders and Future Outlook

This disposal is expected to dilute the total issued shares by approximately 0.05%. The transfer restriction period is from October 16, 2026, to June 1, 2029, during which transfers and pledgeings are restricted. The introduction of this scheme aims to strengthen employee incentives and sustain corporate value enhancement. The structure includes management of shares and transfer restrictions, with provisions for解除 restrictions in case of reorganization or other corporate events.