Notice Regarding Issuance of New Shares as Restricted Stock Compensation

Overview and Purpose of the Plan

The Company will newly introduce a restricted stock compensation plan and allocate 5,100 shares to three eligible directors as an in-kind contribution. The plan aims to enhance medium- to long-term management assessment and motivation, and adopts a structure that converts monetary claims into shares. The allocation agreement includes provisions to strengthen the enforceability of transfer restrictions, such as restrictions on transfer, forfeiture conditions, and treatment in the event of corporate reorganizations.

Key Provisions and Operation

The transfer restriction period for the allocated shares runs from the payment date until immediately after resignation. The condition for lifting the transfer restriction is continuous provision of services up to immediately before the conclusion of the ordinary general meeting of shareholders during the service provision period. In cases of term expiration or resignation for just cause, the timing of lifting and the method of calculating the number of shares are stipulated, and in the event of legal violations, all shares may be acquired free of charge. Shares will be managed in a dedicated account at Nomura Securities.