Completion of Share Buyback with Restricted Stock Compensation | July 24, 2026

Overview of Disposal Details

Midack Holdings Co., Ltd. conducted the disposal of treasury stock as restricted stock compensation for directors and subsidiary directors on July 24, 2026. A total of 9,336 shares were disposed of to directors, and 9,070 shares to subsidiary directors, with disposal amounts of approximately 17.8 million yen and 17.3 million yen, respectively. This measures aimed to prevent dilution of shares and to allocate stock as part of remuneration for executives. The disposal was based on the closing price of 1,911 yen on the Tokyo Stock Exchange, conducted at a fair valuation.

Future Outlook and Impact on Shareholders

This share buyback was carried out as part of executive remuneration scheme and is not intended to harm shareholder value. Although the disposal might increase trading volume, it is viewed as part of broader efforts to enhance long-term corporate value. The company plans to continue initiatives that improve shareholder returns and transparency of capital policies, aiming to build investor trust.