Notice of Share Buyback with Transfer Restrictions｜July 2026

Overview of Capital Policy

Konoike Transport resolved to dispose of 33,463 shares of treasury stock (approximately ¥94,967,994) on August 6, 2026. This will be conducted through a contribution in kind of monetary remuneration claims granted to four directors and nineteen executive officers under the restricted stock compensation scheme. The proportion of shares disposed is about 0.05% of the total issued shares, based on the market stock price of ¥2,838. The purpose of this disposition is to promote sustainable enhancement of corporate value and shared value with shareholders. The transfer restriction period will continue until the relevant officers resign or retire, and restrictions will be lifted once conditions are met.

Details of the Disposal and Future Outlook

The disposal will be carried out on August 6, 2026, and the relevant officers will not be able to transfer or pledge the shares until resignation. Restrictions on transfer will be lifted when specific conditions are satisfied, such as remaining in office or in case of special circumstances like death. Konoike Transport aims to strengthen incentives for officers and enhance corporate value through this measure, while maximizing shareholder value. The company plans to respond appropriately based on the implementation status of the scheme and its strategic considerations.