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Share Issuance and Disposal3916Digital Information Technologies CorporationInformation and Communications, Services and Others

Notice Regarding the Disposal of Treasury Shares as Restricted Stock for Directors

The Company resolved to dispose of 5,200 treasury shares as restricted stock compensation for its directors and directors of subsidiaries. The recipients may not transfer the shares for a specified period, and the transfer restrictions will be lifted if the conditions are met.

Worth reading
49Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
5200
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much5,200Shares

5,200 common shares of the Company (treasury shares)

3 directors of the Company (excluding outside directors)2,400 shares
7 directors of the Company's subsidiary (excluding outside directors)2,800 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.

¥1,026 per share
Total issue value

¥5,335,200

Amount of funds to be raised
Total payment amount: ¥5,335,200; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation receivables under this plan)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥5,335,200 (for the eligible directors, within the annual compensation limit of ¥50 million)
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 13 November 2026 until the date on which the holder ceases to hold any position as a director, audit & supervisory board member, executive officer, adviser or employee of the Company or its subsidiaries
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds the prescribed position from 13 November 2026 until 1 October 2027, all of the shares allocated under this award will be released from the transfer restrictions when the restricted period expires. If the recipient ceases to hold the position due to death, expiration of the term of office or another reason deemed legitimate by the board of directors, the number of shares corresponding to the months of service will be released.
Reason for acquisition without consideration
The Company will acquire without consideration any shares allocated under this award that remain subject to transfer restrictions when the restricted period expires or at another time specified in the agreement.
Categories and Number of Persons Covered
3 Company directors: 2,400 shares; 7 directors of the Company's subsidiary: 2,800 shares (in both cases, excluding outside directors)
Intended allottee's holding policy
From 13 November 2026 until the date on which the holder ceases to hold any position as a director, audit & supervisory board member, executive officer, adviser or employee of the Company or its subsidiaries, the shares may not be transferred, pledged or otherwise disposed of.
Payment date
13 November 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 13 October 2026 was ¥1,026. The discount and premium rate was 0%.
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 of5,200 common shares of the Company (treasury shares)
Issue price and disposal price¥1,026 per share
Total issue value¥5,335,200
Amount of funds to be raisedTotal payment amount: ¥5,335,200; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation receivables under this plan)
Payment date13 November 2026
Intended allotteeCategory 3 directors of the Company (excluding outside directors) / Number of Shares 2,400 shares, Category 7 directors of the Company's subsidiary (excluding outside directors) / Number of Shares 2,800 shares
Intended allottee's holding policyFrom 13 November 2026 until the date on which the holder ceases to hold any position as a director, audit & supervisory board member, executive officer, adviser or employee of the Company or its subsidiaries, the shares may not be transferred, pledged or otherwise disposed of.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 13 October 2026 was ¥1,026. The discount and premium rate was 0%.
Transfer restriction periodFrom 13 November 2026 until the date on which the holder ceases to hold any position as a director, audit & supervisory board member, executive officer, adviser or employee of the Company or its subsidiaries
Conditions for lifting transfer restrictionsProvided that the recipient continuously holds the prescribed position from 13 November 2026 until 1 October 2027, all of the shares allocated under this award will be released from the transfer restrictions when the restricted period expires. If the recipient ceases to hold the position due to death, expiration of the term of office or another reason deemed legitimate by the board of directors, the number of shares corresponding to the months of service will be released.
Reason for acquisition without considerationThe Company will acquire without consideration any shares allocated under this award that remain subject to transfer restrictions when the restricted period expires or at another time specified in the agreement.
Categories and Number of Persons Covered3 Company directors: 2,400 shares; 7 directors of the Company's subsidiary: 2,800 shares (in both cases, excluding outside directors)
Total Stock-Based CompensationTotal monetary compensation receivables: ¥5,335,200 (for the eligible directors, within the annual compensation limit of ¥50 million)
Items this document does not state (14)
Estimated 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 an incentive to continuously enhance the corporate value of the Company Group and further promote the sharing of value with shareholders.

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Notice Regarding the Disposal of Treasury Shares as Restricted Stock for Directors | Digital Information Technologies Corporation (3916) timely disclosure | Komori