[Menicon] Issuance of Share-based Stock Option | August 17, 2026

Overview of Capital Policy

Menicon has decided to newly issue share-based stock options to employees, with the allocation scheduled for August 17, 2026. The total number of stock warrants is 5 units, with 100 shares of stock granted per unit. The number of shares granted will be adjusted accordingly in response to stock splits or reverse splits, and the exercise period is from March 31, 2027, to March 30, 2077, reflecting a long-term horizon. The target recipients are employees, with five units to be granted.

Future Outlook and Impact on Shareholders

This share warrant issuance aims to strengthen employee incentives, with limited dilution of capital expected. Given the number of shares granted and the long exercise period, this is presumed to be a measure to enhance long-term corporate value. Details regarding the allocation date and exercise conditions are also specified. The direct impact on capital increase or dividends for shareholders is currently unclear, but it is expected to contribute to improving employee motivation.