[Pietro] Disposal of treasury stock and introduction of Long-Term Incentive Scheme | July 2026

Disposal Details and Purpose

Pietro Corporation will dispose of 21,280 shares of treasury stock to five executives at 1,762 yen per share on August 7, 2026. This disposal is based on the share-based compensation scheme with transfer restrictions introduced in 2019, aiming to enhance executive motivation and share value sharing among shareholders. The disposal price is determined based on the closing price on the Tokyo Stock Exchange, and the restriction period is set to 20 years. The scheme details include conditions for解除 of transfer restrictions and provisions for handling during corporate reorganizations.

Scheme Details and Future Outlook

This scheme allows targeted executives to acquire shares through physical contribution, with transfer and collateralization restrictions during the restriction period. The解除 of restrictions occurs in accordance with the executives' tenure, and upon resignation, some shares are解除 based on a predetermined calculation formula. The company intends to monitor the operation and effects of the scheme to promote long-term利益 sharing between shareholders and executives and to enhance corporate value.