Notice Regarding Issuance of New Shares as Restricted Shares

Overview of the Plan and Issuance Terms

Pursuant to a board resolution held today, new shares will be issued under a restricted share compensation scheme. The targets are 3 directors and 2 executive officers, with a total of 20,430 shares, a subscription price of 1,248 yen per share, and a total amount of 25,496,640 yen. The allotted shares will be issued as in-kind contributions; transfers and other dispositions are prohibited during the restriction period and will be released under certain conditions. It is also stated that the total number of shares may be adjusted in response to effects such as stock splits.

Restriction Period, Release Conditions and Administration

The restriction period runs from the payment date of November 19, 2026 until the date the recipient loses their position. The release condition is continued provision of services during the service period. If the position is lost due to specific reasons (death, expiration of term, etc.), a certain proportion will be released. Shares will be managed in a dedicated account at Daiwa Securities, and restrictions may be released under special provisions in the event of corporate reorganizations.