Completion of Treasury Stock Disposal as Share-Based Compensation | July 2026

Overview of Capital Policy

On July 24, 2026, Azwan disposed of 10,200 treasury shares as part of share-based compensation with a total payment of ¥24,260,700. This disposal was approved at the Board of Directors meeting on July 8, 2026, and the payment process was completed. The disposal price was ¥2,378.5 per share. As a result, part of the treasury stock was redistributed to shareholders and used as part of executive compensation schemes.

Impact on Shareholders and Future Outlook

This treasury stock disposal aims to enhance shareholder value and strengthen executive remuneration systems. The impact of dilution on the total issued shares is limited, and it is expected to contribute to financial health and capital efficiency improvements. Moving forward, the company will continue to promote appropriate capital management and shareholder return policies as part of its capital policy.