Completion of New Share Issuance with Transfer Restrictions | July 2026

Overview of Capital Policy

Namura Shipbuilding & Repair Co., Ltd. announced that it issued new shares as part of a share-based compensation scheme with transfer restrictions, and based on the Board of Directors resolution on June 23, 2026, the payment process was completed on July 22, 2026. The issuance involved 79,800 shares at an issue price of 3,840 Yen per share, totaling 364,632,000 Yen. This allocation of shares was made as part of the compensation system for officers.

Impact on Shareholders and Future Outlook

This issuance of new shares is part of a share-based compensation scheme with transfer restrictions and involves dilution of shareholding, but aims to enhance officer incentives and improve corporate value. With the completion of payment, the officer compensation scheme has been strengthened, and the company aims to increase shareholder value through future business operations. Further detailed information on the overall capital policy and future share issuance plans is expected to be provided.