Notice of Share Buyback and Disposal of Treasury Stock with Restricted Stock Compensation System

Overview of Disposal Details and System Introduction

Marusan Securities will dispose of 6,832 shares of treasury stock at 1,054 yen per share on July 17, 2026. This disposal is part of a restricted stock compensation system aimed at incentivizing directors and sharing value with shareholders. Under the system, directors are granted monetary claims and issued or disposed of shares. The transfer restriction period lasts until the director's retirement, during which transfer or collateralization of the shares is prohibited. Details of the system include provisions for free acquisition of shares and handling during organizational reorganization.

Purpose of the System and Impact on Shareholders

This system is introduced to promote long-term enhancement of corporate value and to share value with shareholders. The sale of shares is conducted based on market prices, and during the transfer restriction period, certain conditions apply for解除 (release) upon director retirement or death. This encourages continuous service by directors and supports stable corporate management. For shareholders, it facilitates long-term value growth and enhances management incentives for directors.