【Mitsui Mining & Smelting】Issuance of New Shares with Transfer Restrictions | July 2026

Overview of the Capital Policy

Mitsui Mining & Smelting will issue 4,959 new shares with transfer restrictions based on its share-based compensation scheme for directors and executive officers. The issue price is set at 35,280 yen, reflecting the market stock price, with a total amount of approximately 174.95 million yen. The target recipients are directors and executive officers, with the purpose of encouraging continued employment and enhancing corporate value. Details of the scheme include restrictions on transfer periods, conditions for解除, and provisions for gratuitous acquisition, with the payment deadline scheduled for August 7, 2026.

Purpose of the Scheme and Future Outlook

This scheme aims to promote the continued employment of officers and the enhancement of corporate value, while minimizing stock dilution and supporting long-term corporate growth. Through the implementation of this scheme, it is expected to motivate officers and stabilize management. Going forward, the company will monitor the operation and effects of the scheme and pursue an appropriate capital policy accordingly.