Notice of Share Buyback and Disposal of Treasury Stock | June 2026

Overview of Disposal

Nichireki Group will dispose of 45,600 shares of treasury stock on July 24, 2026. The disposal price is 2,128 yen per share, totaling 97,036,800 yen. This disposal is part of a restricted stock compensation scheme, aimed at providing monetary claims and shares to targeted directors and officers, establishing a long-term incentive plan with a 30-year transfer restriction. The disposal qualifies as a solicitation not requiring an securities registration statement.

Purpose and Impact on Shareholders

This scheme aims to enhance the motivation of targeted directors and officers and to achieve long-term corporate value enhancement. The transfer restriction period is 30 years, and upon resignation or retirement, the transfer restrictions are lifted, and the company acquires the unrestrained shares free of charge. This promotes shared shareholder value, encourages long-term corporate growth, suppresses stock dilution, and strengthens officer commitment.