Stock Compensation Stock Option Issuance｜May 22, 2026

Overview of the System

The Company has decided to issue 225 stock compensation stock options to directors excluding outside directors and part-time directors, and executive officers. The purpose is to enhance linkage with stock prices, promote mid- to long-term performance improvement, and increase corporate value. The issuance will be made on June 19, 2026, with an exercise period until June 18, 2056. The grant per option is set at 100 shares, and the exercise price is 1 yen. Detailed provisions include adjustment methods, allocation recipients, and handling upon reorganization.

Impact on Shareholders and Governance

This issuance has been carried out in accordance with proper procedures to avoid conflicts of interest and protect minority shareholders, and has been evaluated by an independent third-party evaluator. The Board of Directors did not participate in the resolution from the perspective of conflict of interest, and it is judged that the process is appropriate. It is operated independently of the parent company’s influence, ensuring fair management and the interests of minority shareholders are not harmed.