[Face Network] Share Buyback and Reward System Implementation | June 2026

Overview of Share Buyback

Face Network will dispose of 14,167 shares of treasury stock at 741 yen each on July 17, 2026. This transaction is conducted as part of a reward system for directors, based on a restricted stock compensation scheme, aimed at achieving long-term shared shareholder value. The disposal will be carried out at a reasonable price based on the market stock price, and the shares will be managed in a dedicated account with a transfer restriction period of three years.

Objectives and Future Outlook

This disposal aims to incentivize targeted directors and enhance corporate value, facilitating value sharing with shareholders. Procedures are in place should the targeted directors resign during the transfer restriction period, as well as management methods for shares during organizational reorganization, reflecting the intent to strengthen long-term corporate governance.