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Share Issuance and Disposal1717Meiho Facility Works Ltd.Information and Communications, Services and Others

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 35,900 treasury shares as restricted stock compensation to 5 directors. The shares will be subject to a 30-year transfer restriction, and the Company will acquire them without consideration if certain conditions are not met.

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Neutral
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Scale
35900
Shares
Wording
Definitive
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much35,900Shares

35,900 treasury shares

5 of the Company's directors, excluding directors who are Audit and Supervisory Committee members, outside directors and part-time directors35,900 shares

The lower thin line represents the existing number of shares to which these shares will be added.

¥887 per share
Amount of funds to be raised

Total payment amount: ¥31,843,300; estimated net proceeds: Not disclosed

Total Stock-Based Compensation
Total monetary compensation claims: ¥31,843,300
Conditions on transfer restrictions

Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.

Transfer restriction period
30 years (10 July 2026 to 9 July 2056)
Conditions for lifting transfer restrictions
The eligible director must continuously hold the position of director of the Company throughout the transfer restriction period. If the director leaves office upon expiration of the term of office, reaching the mandatory retirement age or for another legitimate reason, the transfer restriction will be lifted for the number of shares determined based on the period of service.
Reason for acquisition without consideration
At the expiration of the transfer restriction period or when the restriction is lifted due to the director's departure from office or for another reason, the Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restriction has not been lifted.
Categories and Number of Persons Covered
5 of the Company's directors, excluding directors who are Audit and Supervisory Committee members, outside directors and part-time directors; 35,900 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 10 July 2026 to 9 July 2056.
Payment date
10 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Standard Market of the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥887. Discount rate/premium rate: Not disclosed.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock compensation
Number of shares to be issued or disposed of35,900 treasury shares
Issue price and disposal price¥887 per share
Amount of funds to be raisedTotal payment amount: ¥31,843,300; estimated net proceeds: Not disclosed
Payment date10 July 2026
Intended allotteeName 5 of the Company's directors, excluding directors who are Audit and Supervisory Committee members, outside directors and part-time directors / Number of Shares 35,900 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 10 July 2026 to 9 July 2056.
Basis for determining the amount to be paidThe closing price of the Company's common stock on the Standard Market of the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥887. Discount rate/premium rate: Not disclosed.
Transfer restriction period30 years (10 July 2026 to 9 July 2056)
Conditions for lifting transfer restrictionsThe eligible director must continuously hold the position of director of the Company throughout the transfer restriction period. If the director leaves office upon expiration of the term of office, reaching the mandatory retirement age or for another legitimate reason, the transfer restriction will be lifted for the number of shares determined based on the period of service.
Reason for acquisition without considerationAt the expiration of the transfer restriction period or when the restriction is lifted due to the director's departure from office or for another reason, the Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restriction has not been lifted.
Categories and Number of Persons Covered5 of the Company's directors, excluding directors who are Audit and Supervisory Committee members, outside directors and part-time directors; 35,900 shares
Total Stock-Based CompensationTotal monetary compensation claims: ¥31,843,300
Items this document does not state (15)
Total issue valueEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To provide the eligible directors with a medium- to long-term incentive, share value with shareholders, and promote the sustained enhancement of corporate value throughout their tenure.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | Meiho Facility Works Ltd. (1717) timely disclosure | Komori