【Kyowa Nissei】Share Buyback and Incentive Program Introduction｜July 2026

Details and Purpose of the Buyback

Kyowa Nissei will sell 16,228 common shares at 1,315 yen on August 14, 2026. This is part of a restricted stock compensation plan aimed at providing incentives to targeted directors and officers, with the goal of achieving sustainable enhancement of corporate value. The overview of the plan and management of allocated shares are also detailed, and the sale will be conducted based on the market stock price.

Details of the Plan and Impact on Shareholders

Targeted directors and officers will receive monetary compensation claims, all of which will be contributed in kind to allocate restricted stock. The restriction period begins on August 14, 2026, and continues until the individual’s resignation or retirement; during this period, transfers are prohibited. The plan is approved by the general shareholders' meeting, and dilution of shares is limited.