Disposition of Treasury Stock with Transfer Restrictions｜June 17, 2026

Disposal Overview

Based on the share-based compensation plan with transfer restrictions introduced in 2019, Iwatani Corporation resolved to dispose of 39,000 shares to eight targeted directors on July 16, 2026. The disposal price is 1,857.5 yen per share, totaling 72,442,500 yen. This system aims to provide long-term incentives and share value alignment, whereby the targeted directors contribute monetary claim rights as cash contributions to acquire shares. The disposed shares are managed in a control account during the transfer restriction period, with mechanisms for transfer restriction removal under certain conditions.

Purpose of Disposal and Future Outlook

This disposal aims to enhance the motivation of the targeted directors and promote long-term corporate value improvement. The transfer restriction period is set to 30 years, with restrictions being lifted upon resignation or organizational restructuring. Iwatani Corporation demonstrates its commitment to maintaining stable management and sustained growth through its officer incentive programs.