[NCS & A] Sale of Treasury Stock to Employee Shareholding Association | September 9, 2026

Details of Disposal and Purpose

NCS & A plans to dispose of treasury stock with restricted transfer to the Employee Shareholding Association on September 9, 2026. The number of shares to be disposed is 150 shares, the disposal price is 1,312 yen, and the total amount is expected to be 196,800 yen. The purpose of the scheme is to promote increased employee welfare and sustainable enhancement of corporate value, targeting asset formation and incentives for eligible employees. The disposal will be conducted through a third-party allotment method, with an estimated negligible dilution of shares. The disposal amount is deemed appropriate based on the market closing price, and all members of the board of auditors have expressed their opinions on the legality.

Future Procedures and Impact

This treasury stock disposal is intended to improve employee welfare and corporate value, with the transfer restriction period from September 9, 2026, to September 8, 2029. The transfer restrictions will be lifted after the period expires, provided the employee remains a member of the Shareholding Association. If the employee resigns or assumes an officer position, the company will acquire the shares free of charge. Share management will be handled through a dedicated account at Nomura Securities, resulting in minimal dilution of shares. The scheme aims to strengthen employee asset formation and enhance corporate value.