Disposal of Treasury Stock with Transfer Restrictions | June 24, 2026

Overview of the Disposal

Shiga Bank will dispose of 17,977 treasury shares on July 10, 2026, raising a total of 42,317,858 yen. The disposal is part of a share buyback scheme with transfer restrictions, targeting a total of 15 directors and executive officers. The disposal price is set at 2,354 yen per share, based on a reasonable valuation aligned with the market stock price. The dilution rate is exceptionally low at 0.01%, resulting in limited impact on shareholders. The purpose of the scheme is to enhance corporate value and incentivize executives through stock price-linked rewards.

Impact on Shareholders and Future Outlook

This treasury stock disposal is conducted as part of the share buyback scheme with transfer restrictions, aiming to motivate executives to align their interests with stock performance. The dilutive effect is extremely small, and the impact on shareholder value is limited. The company intends to continue implementing measures to appropriately operate the scheme and promote improvements in corporate value. The disposal is conducted at a reasonable market-based price, balancing capital efficiency improvements with executive motivation.