【CKD】Share Buyback and Implementation of Director Stock Compensation Program | July 2026

Overview of Capital Policy

CKD Corporation will dispose of 5,088 shares (approximately 39.88 million yen worth) as part of its restricted stock compensation program for directors on July 24, 2026. The objective of this disposal is to encourage the medium- to long-term improvement of corporate and shareholder value. The disposal price is based on the closing market price of 7,840 yen, and the disposed shares will be managed in a control account during the transfer restriction period.

Background of Disposal and Future Outlook

This program aims to provide incentives to directors and share value with shareholders, with the transfer restriction period set until the directors' resignation. The disposal is intended to promote directors’ long-term commitment to enhancing corporate value, as well as strengthen shareholder returns and corporate governance. The company will continue to operate the program and manage the shares to support sustainable growth.