Completion of Share Payment for Restricted Stock Compensation ｜ July 2026

Overview of Capital Policy

Serendip Holdings issued 19,828 new shares as restricted stock compensation on July 23, 2026, completing a payment of 47.68 million yen in total. The issue price was 2,405 yen per share, as part of a stock compensation system aimed at incentivizing officers and employees. This share issuance increases the number of shares outstanding, strengthening capital and motivating employees. The allocation is dispersed among directors, executive officers, and employees, reflecting a strategy aimed at enhancing shareholder value.

Impact on Shareholders and Future Outlook

This recent issuance of new shares, which is not related to share cancellation or dividends, was conducted as part of the stock compensation system. While the increase in shares may cause temporary dilution, in the long term it demonstrates the company's commitment to improving corporate value through employee and officer incentives, and is positioned as part of the company's growth strategy. Moving forward, the company aims to continue strengthening its capital policy and employee incentives to achieve sustained growth and enhance shareholder value.