Completion of Share Buyback of Restricted Stock Units｜July 17, 2026

Overview of the Disposal

VALQUA sold 13,700 shares of treasury stock as restricted stock compensation on July 17, 2026. The sale price was 7,740 yen per share, totaling approximately 1.06 billion yen. The shares were allocated to three directors and fifteen executive officers, with each officer receiving their respective allotment. This disposal aims to incentivize employees and officers and is part of the company’s capital policy.

Future Outlook and Impact on Shareholders

This share buyback reduces VALQUA’s treasury stock holdings but is expected to contribute to improved capital efficiency and strengthen incentives for officers. The proceeds from the disposal amount to approximately 1.06 billion yen and may be utilized for future business investments and growth strategies. For shareholders, as the disposal does not result in share dilution, the direct impact on stock value is limited.