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Share Issuance and Disposal3048BIC CAMERA INC.Retail

Issuance of equity-based stock options (share acquisition rights)

The Company has resolved to issue the 9th Series of Stock Acquisition Rights as stock-based compensation stock options to its executive officers and employees and employees of its subsidiaries. The purpose is to increase their motivation to contribute to improving performance and corporate value over the medium to long term.

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Details of issuance or disposal

Issuance of stock-based compensation stock options (stock acquisition rights) (BIC CAMERA INC. 9th Series of Stock Acquisition Rights (issued in November 2026))

Who receives how much

100 shares per unit; 1,820 units (maximum 182,000 shares)

341 of the Company's executive officers and employees and employees of its subsidiaries; 1,820 units

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

The amount calculated by multiplying the fair value per stock option per share, calculated using the Black-Scholes model on the allocation date of the stock acquisition rights, by the number of shares granted
Amount of funds to be raised

The payment amount for the stock acquisition rights will be offset against compensation receivables, so no cash payment is required. Estimated net proceeds are Not disclosed.

Terms of the stock acquisition rights
Exercise price
¥1 per share. Amendment provisions are Not disclosed (stated as a fixed amount).
Exercise period
14 November 2029 to 13 November 2031
Number of Stock Acquisition Rights
Total issued: 1,820 units. Outstanding unexercised units are Not disclosed.
Reason for acquisition without consideration
If the rights can no longer be exercised before exercise because of the exercise conditions or the stock acquisition rights allocation agreement. If a proposal for a merger, company split, share exchange, share transfer, conversion to a company with transfer restrictions or similar transaction is approved, the Company may acquire the rights without consideration on a date determined by the Board of Directors.
Categories and Number of Persons Covered
341 of the Company's executive officers and employees and employees of its subsidiaries; 1,820 units
Basis for determining the amount to be paid
The fair value per unit calculated using the Black-Scholes model on the allocation date. The periods used as the basis for the closing price and average share price, and the discount and premium rates, are Not disclosed.
Procedures under the Corporate Code of Conduct
Issuance was resolved by a resolution of the Board of Directors. Whether an opinion will be obtained from an independent third party and whether shareholder approval will be sought are Not disclosed.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of stock-based compensation stock options (stock acquisition rights) (BIC CAMERA INC. 9th Series of Stock Acquisition Rights (issued in November 2026))
Number of shares to be issued or disposed of100 shares per unit; 1,820 units (maximum 182,000 shares)
Issue price and disposal priceThe amount calculated by multiplying the fair value per stock option per share, calculated using the Black-Scholes model on the allocation date of the stock acquisition rights, by the number of shares granted
Amount of funds to be raisedThe payment amount for the stock acquisition rights will be offset against compensation receivables, so no cash payment is required. Estimated net proceeds are Not disclosed.
Intended allottee341 of the Company's executive officers and employees and employees of its subsidiaries; 1,820 units
Basis for determining the amount to be paidThe fair value per unit calculated using the Black-Scholes model on the allocation date. The periods used as the basis for the closing price and average share price, and the discount and premium rates, are Not disclosed.
Exercise price¥1 per share. Amendment provisions are Not disclosed (stated as a fixed amount).
Exercise period14 November 2029 to 13 November 2031
Number of Stock Acquisition RightsTotal issued: 1,820 units. Outstanding unexercised units are Not disclosed.
Reason for acquisition without considerationIf the rights can no longer be exercised before exercise because of the exercise conditions or the stock acquisition rights allocation agreement. If a proposal for a merger, company split, share exchange, share transfer, conversion to a company with transfer restrictions or similar transaction is approved, the Company may acquire the rights without consideration on a date determined by the Board of Directors.
Categories and Number of Persons Covered341 of the Company's executive officers and employees and employees of its subsidiaries; 1,820 units
Procedures under the Corporate Code of ConductIssuance was resolved by a resolution of the Board of Directors. Whether an opinion will be obtained from an independent third party and whether shareholder approval will be sought are Not disclosed.
Items this document does not state (16)
Total issue valueEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 further increase the motivation and morale of the Company's executive officers and employees and employees of its subsidiaries to contribute to improving performance and corporate value over the medium to long term.

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Issuance of equity-based stock options (share acquisition rights) | BIC CAMERA INC. (3048) timely disclosure | Komori