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Share Issuance and Disposal2469Hibino CorporationInformation and Communications, Services and Others

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

Hibino Corporation resolved to dispose of 11,220 treasury shares as restricted stock compensation to 6 directors and 9 executive officers. The disposal price is ¥2,809 per share, and the disposal date is 22 July 2026.

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Scale
11220
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much11,220Shares

11,220 treasury shares

6 directors (excluding outside directors)8,282 shares
9 executive officers2,938 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.

¥2,809 per share
Total issue value

¥31,516,980

Amount of funds to be raised
Total payment amount: ¥31,516,980; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥31,516,980. The total annual amount of monetary compensation receivables granted to eligible directors under this system is capped at ¥40 million.
Specific use of funds
Not applicable (in-kind contribution of monetary compensation receivables from the eligible officers)
発行済株式総数

As this is a disposal of treasury shares, the total number of issued shares will not increase

Not applicable (disposal of treasury shares)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

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 22 July 2026 until the eligible officer ceases to hold any position as a director, executive officer or employee of the Company, in principle (provided that, in certain cases, the restriction period will end when 3 months have elapsed after the end of the relevant fiscal year).
Conditions for lifting transfer restrictions
In principle, all restrictions will be lifted upon expiry of the restriction period, provided that the eligible officer continuously held a position as either a director or executive officer of the Company throughout the service period. In the event of death, retirement for a valid reason, becoming an employee, or a corporate reorganization or similar event, the restrictions will be lifted in part based on the period of service and other relevant factors.
Reason for acquisition without consideration
If the eligible officer retires or leaves employment without a valid reason, if any shares remain subject to the transfer restrictions, or in any other circumstances stipulated in the allocation agreement based on a resolution of the Board of Directors.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 6 / Number of allocated shares 8,282 shares, Category Executive officers / Number of Employees 9 / Number of allocated shares 2,938 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. In principle, the restriction period will run until the eligible officer ceases to hold any position as a director, executive officer or employee of the Company.
Payment date
22 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares 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 ¥2,809. There is no discount or premium.
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 of11,220 treasury shares
Issue price and disposal price¥2,809 per share
Total issue value¥31,516,980
Amount of funds to be raisedTotal payment amount: ¥31,516,980; estimated net proceeds: Not disclosed
Specific use of fundsNot applicable (in-kind contribution of monetary compensation receivables from the eligible officers)
Payment date22 July 2026
Intended allotteeName 6 directors (excluding outside directors) / Number of Shares 8,282 shares, Name 9 executive officers / Number of Shares 2,938 shares
Intended allottee's holding policyDuring the restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. In principle, the restriction period will run until the eligible officer ceases to hold any position as a director, executive officer or employee of the Company.
Dilution RateNot applicable (disposal of treasury shares)
Total number of issued sharesAs this is a disposal of treasury shares, the total number of issued shares will not increase
Basis for determining the amount to be paidThe closing price of the Company's common shares 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 ¥2,809. There is no discount or premium.
Transfer restriction periodFrom 22 July 2026 until the eligible officer ceases to hold any position as a director, executive officer or employee of the Company, in principle (provided that, in certain cases, the restriction period will end when 3 months have elapsed after the end of the relevant fiscal year).
Conditions for lifting transfer restrictionsIn principle, all restrictions will be lifted upon expiry of the restriction period, provided that the eligible officer continuously held a position as either a director or executive officer of the Company throughout the service period. In the event of death, retirement for a valid reason, becoming an employee, or a corporate reorganization or similar event, the restrictions will be lifted in part based on the period of service and other relevant factors.
Reason for acquisition without considerationIf the eligible officer retires or leaves employment without a valid reason, if any shares remain subject to the transfer restrictions, or in any other circumstances stipulated in the allocation agreement based on a resolution of the Board of Directors.
Categories and Number of Persons CoveredCategory Directors (excluding outside directors) / Number of Employees 6 / Number of allocated shares 8,282 shares, Category Executive officers / Number of Employees 9 / Number of allocated shares 2,938 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥31,516,980. The total annual amount of monetary compensation receivables granted to eligible directors under this system is capped at ¥40 million.
Items this document does not state (11)
Estimated issuance expensesExercise 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 officers with an incentive to achieve sustained growth in 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 | Hibino Corporation (2469) timely disclosure | Komori