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Share Issuance and Disposal3848Data Applications Company,LimitedInformation and Communications, Services and Others

Notice Regarding the Disposal of Treasury Shares as Restricted Stock Compensation

The company resolved to dispose of 18,930 common shares of treasury stock to 3 directors as restricted stock compensation. The shares may not be transferred until the recipient leaves office, and the restrictions will be lifted if certain service conditions are met.

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34Immaterial
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Direction
Neutral
Direction inferred from the company’s description.
Scale
18930
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much18,930Shares

18,930 common shares (treasury shares)

3 directors (excluding directors who are Audit & Supervisory Committee members)18,930 shares

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

¥818 per share
Total issue value

¥15,484,740

Total Stock-Based Compensation
Total monetary compensation receivable of ¥15,484,740. The total number of shares under this plan is capped at 15 thousand shares per year, and the annual amount is capped at ¥30,000 thousand.
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 14 August 2026 until the date on which the recipient leaves office as a director of the company
Conditions for lifting transfer restrictions
The recipient must remain a director from the date of the company's annual general meeting of shareholders immediately preceding the payment date through the date of the company's annual general meeting of shareholders held in the following year. If the recipient leaves office due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months in office.
Reason for acquisition without consideration
At the end of the restricted period, the company will acquire without consideration any of the allocated shares for which the restrictions have not been lifted.
Categories and Number of Persons Covered
3 directors (excluding directors who are Audit & Supervisory Committee members), 18,930 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred, pledged or otherwise disposed of. The restricted period runs from the payment date until the date on which the recipient leaves office as a director of the company.
Payment date
14 August 2026
Basis for determining the amount to be paid
The closing price of the company's common shares on the Tokyo Stock Exchange on 15 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥818. No discount or premium was applied.
Impact on Business Performance
The impact of this disposal of treasury shares on results for the fiscal year ending March 2027 is currently expected to be immaterial.
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 of18,930 common shares (treasury shares)
Issue price and disposal price¥818 per share
Total issue value¥15,484,740
Payment date14 August 2026
Intended allotteeName 3 directors (excluding directors who are Audit & Supervisory Committee members) / Number of Shares 18,930 shares
Intended allottee's holding policyDuring the restricted period, the shares may not be transferred, pledged or otherwise disposed of. The restricted period runs from the payment date until the date on which the recipient leaves office as a director of the company.
Basis for determining the amount to be paidThe closing price of the company's common shares on the Tokyo Stock Exchange on 15 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥818. No discount or premium was applied.
Transfer restriction periodFrom 14 August 2026 until the date on which the recipient leaves office as a director of the company
Conditions for lifting transfer restrictionsThe recipient must remain a director from the date of the company's annual general meeting of shareholders immediately preceding the payment date through the date of the company's annual general meeting of shareholders held in the following year. If the recipient leaves office due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months in office.
Reason for acquisition without considerationAt the end of the restricted period, the company will acquire without consideration any of the allocated shares for which the restrictions have not been lifted.
Categories and Number of Persons Covered3 directors (excluding directors who are Audit & Supervisory Committee members), 18,930 shares
Total Stock-Based CompensationTotal monetary compensation receivable of ¥15,484,740. The total number of shares under this plan is capped at 15 thousand shares per year, and the annual amount is capped at ¥30,000 thousand.
Impact on Business PerformanceThe impact of this disposal of treasury shares on results for the fiscal year ending March 2027 is currently expected to be immaterial.
Items this document does not state (14)
Amount of funds to be raisedEstimated 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 offering

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 incentives for the sustainable enhancement of corporate and shareholder value over the medium to long term, and to further promote value sharing with shareholders.

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Notice Regarding the Disposal of Treasury Shares as Restricted Stock Compensation | Data Applications Company,Limited (3848) timely disclosure | Komori