Notice on the Determination of Matters Related to Share Acquisition under the Executive Stock Compensation System

Overview of the system

This system is a trust for stock grants to directors who meet beneficiary requirements, and voting rights under the trust are not exercised during the trust period. The trustor is our company, the trustee is Sumitomo Mitsui Trust Bank, Limited, and the re-trustee is Nippon Custody Bank, Ltd. The trust contract date is August 16, 2023; the date to add cash to the trust is scheduled for August 19, 2026; and the end date is planned for around the end of August 2029. The additional acquisition is planned for August 19, 2026 to September 4, 2026 (tentative), with ordinary shares to be acquired, up to 100,000 shares and up to 121 million yen in total.

Impact on shareholders and future trends

This is a continuation of the system for granting shares as part of executive compensation, and a plan to conduct additional acquisitions; it is not a direct market financing or share buyback for corporate policy. The share quantity and amount ceilings are clearly defined, and the acquisition timing is also specifically disclosed. The impact on shareholder value going forward depends on the evaluation of the executive compensation system and the degree of share dilution.