Notice Regarding Issuance of New Shares as Restricted Stock Compensation

Key Points of Capital Policy and Remuneration Scheme

This matter concerns the issuance of new shares under a restricted stock compensation plan, allotting 6,013 shares to four directors. The payment date is October 15, 2026; the issue price is 900 yen per share; and the total amount is 5,411,700 yen. The allottees are internal directors and the allotment will be executed by contribution in kind. The transfer restriction period is set long-term from the payment date until September 28, 2065, and gratuitous acquisition of shares is permitted upon expiration if the conditions are met. Strict provisions are included allowing gratuitous acquisition of shares in the event of specified reasons during the period such as resignation, engagement in competing activities, or violations of laws and regulations.

Risks, Impact and Future Schedule

The execution of the allotment agreement is required as a condition, and handling under special provisions such as the payment date and corporate reorganizations is stipulated. If an effective date for a corporate reorganization arises, transfer restrictions may be released in accordance with specific procedures. Going forward, share management and handling will be regulated through September 2027, so the dilutive impact on shareholders is expected to be limited; however, the long-term constraints and vesting conditions make the impact on shareholder value complex.