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Share Issuance and Disposal1828TANABE ENGINEERING CORPORATIONConstruction and Materials

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 7,900 treasury shares it holds as restricted stock compensation for 4 directors and 8 executive officers. The disposal price is ¥2,413 per share, and the total disposal value is ¥19,062,700.

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7900
Shares
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much7,900Shares

7,900 common shares of the Company (treasury shares)

4 of the Company's directors, excluding outside directors5,500 shares
8 executive officers of the Company2,400 shares

The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.

¥2,413 per share
Total issue value

¥19,062,700

Amount of funds to be raised
Total payment amount: ¥19,062,700; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥19,062,700
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
From 23 July 2026 to 23 July 2056 (30 years)
Conditions for lifting transfer restrictions
The eligible officer must continuously hold the position of director or executive officer of the Company or one of its subsidiaries throughout the service provision period (from the date of the ordinary general meeting of shareholders immediately preceding the payment date until immediately before the conclusion of the ordinary general meeting of shareholders in the following year). In the event of retirement due to death, expiration of the term of office or another reason deemed justifiable by the Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the period of service.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period, or immediately after retirement during the service provision period, the Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of allocated shares 5,500 shares, Category The Company's executive officers / Number of Employees 8 independent officers / Number of allocated shares 2,400 shares
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,413. No discount or premium applies.
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 of7,900 common shares of the Company (treasury shares)
Issue price and disposal price¥2,413 per share
Total issue value¥19,062,700
Amount of funds to be raisedTotal payment amount: ¥19,062,700; estimated net proceeds: not disclosed
Payment date23 July 2026
Intended allotteeName 4 of the Company's directors, excluding outside directors / Number of Shares 5,500 shares, Name 8 executive officers of the Company / Number of Shares 2,400 shares
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,413. No discount or premium applies.
Transfer restriction periodFrom 23 July 2026 to 23 July 2056 (30 years)
Conditions for lifting transfer restrictionsThe eligible officer must continuously hold the position of director or executive officer of the Company or one of its subsidiaries throughout the service provision period (from the date of the ordinary general meeting of shareholders immediately preceding the payment date until immediately before the conclusion of the ordinary general meeting of shareholders in the following year). In the event of retirement due to death, expiration of the term of office or another reason deemed justifiable by the Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the period of service.
Reason for acquisition without considerationUpon expiration of the transfer restriction period, or immediately after retirement during the service provision period, the Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted.
Categories and Number of Persons CoveredCategory Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of allocated shares 5,500 shares, Category The Company's executive officers / Number of Employees 8 independent officers / Number of allocated shares 2,400 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥19,062,700
Items this document does not state (15)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution 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 an incentive for the sustained enhancement of corporate value and promote the sharing of value with shareholders.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | TANABE ENGINEERING CORPORATION (1828) timely disclosure | Komori