Notice Regarding Issuance of New Shares as Restricted Stock Compensation

Overview of the Restricted Stock Compensation Plan

Nextage Co., Ltd. resolved to issue 27,200 shares of new stock totaling 99,416,000 yen on March 19, 2026 under the restricted stock compensation plan introduced in 2021. The shares will be allocated to 37 individuals, including directors (excluding outside directors), executive officers, employees, and subsidiary directors. During the restriction period, the shares cannot be transferred to third parties or used as collateral. The restriction period lasts until immediately after the recipient resigns or retires from the Company or its subsidiaries, with a 36-month service period before the transfer restrictions are lifted.

Purpose of Sharing Shareholder Value and Strengthening Incentives

This new share issuance is part of an incentive system aimed at sustainable corporate value enhancement and value sharing with shareholders. The issue price is set at 3,655 yen, the closing price on February 19, 2026, and is not especially favorable. The restricted stock allotment agreement stipulates conditions for lifting transfer restrictions and forfeiture clauses, with clear provisions for treatment in the event of organizational restructuring. This aims to boost recipients’ motivation and promote medium- to long-term shareholder value sharing.