Notice Regarding Disposal of Treasury Shares as Restricted Stock Incentives for the Employee Stock Ownership Plan

Overview and Purpose of the Scheme

Ibiden Co.,Ltd. resolved at the board meeting held today to grant and dispose of restricted shares to eligible employees through a restricted stock incentive scheme for the employee stock ownership plan. The allocation recipient will be the employee stock ownership plan, with up to 222,355 shares to be disposed, an allocation price of 9,663 yen per share, and a total amount estimated at approximately 2,148,616,365 yen (about 2.149 billion yen). The scheme uses employee contributions as in-kind contributions, and transfer restrictions will remain in place during the restriction period.

Impact on Shareholders and Implementation Conditions

The disposal price is set at the current closing price of 9,663 yen based on the intraday stock price on October 28, 2026, and the Audit and Supervisory Committee has expressed an opinion to ensure fairness. The transfer restriction period is February 26, 2027 to May 31, 2031, and transfer restrictions will be lifted upon expiration of the period. Detailed conditions are stipulated for cases such as an eligible employee's withdrawal or becoming a non-resident, and treatment in the event of corporate reorganizations is also defined.