Notice of Share Buyback Disposal to Directors | June 25, 2026

Overview of the Disposal

Based on the board resolution on June 25, 2026, Hoshiden will dispose of 5,859 common shares as restricted stock transferred to three directors. The disposal price is 2,730 yen per share, totaling 15,995,070 yen. This disposal aims to provide incentives to future directors and to sustain corporate value enhancement. The disposal will be executed on July 24, 2026, with the shares managed under restrictions on transfer, which will be lifted upon meeting certain conditions.

Purpose and Background of the Disposal

This disposal is part of the remuneration system for directors introduced in February 2022, intended to encourage continued service and enhance corporate value. Details of the system were approved at the board and general shareholders' meetings in May and June 2022. The shares are issued as actual assets through contribution of monetary claim rights as capital. The disposed shares are restricted from trading or collateralization during the holding period and are subject to conditions for解除.