【VALQUA】Share Buyback and Introduction of Long-term Stock Compensation Program｜July 2026

Overview of Capital Policy

VALQUA will sell 13,700 shares of treasury stock at 7,740 yen per share on July 17, 2026, raising a total of 160,035,000 yen. This transaction is part of a long-term stock compensation program aimed at incentivizing directors and executive officers to promote long-term stock price appreciation and corporate value enhancement. The transfer restriction period is set to 30 years, prohibiting actions such as third-party transfer and pledge establishment. The purpose of this transaction is to share stock price benefits with officers and to motivate the improvement of corporate value.

Future Outlook and Impact on Shareholders

Through this program, eligible participants will have their shares subject to transfer restrictions over the long term, encouraging the company's medium- to long-term growth. Shares that are released after the restriction period ends will be based on the continued contribution of officers to the company, limiting dilution to shareholders. The funds raised from this disposal are expected to be used for future business investments and growth strategies.