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Share Issuance and Disposal4168Yappli,Inc.Information and Communications, Services and Others

Notice Concerning the Disposal of Treasury Shares as Restricted Stock

The Company resolved to dispose of 90,632 treasury shares as restricted stock to 3 directors and 30 employees. The payment date is 8 May 2026, and the shares will be subject to a 2-year transfer restriction.

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Neutral
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90632
Shares
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Definitive
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Details of issuance or disposal

Disposal of treasury shares as restricted stock

Who receives how much90,632Shares

90,632 common shares of the Company (treasury shares)

3 directors (excluding outside directors)13,248 shares
30 employees77,384 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.

¥717 per share
Total issue value

¥64,983,144

Total Stock-Based Compensation
Total monetary compensation receivables of ¥64,983,144. A compensation budget of up to ¥500 million per annum in monetary compensation receivables for eligible directors has also been approved.
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
8 May 2026 to 7 May 2028 (2 years)
Conditions for lifting transfer restrictions
The eligible directors must continuously remain directors of the Company throughout the transfer restriction period. The eligible employees must continuously remain officers or employees of the Company or one of its subsidiaries throughout the transfer restriction period. In the event of a corporate reorganization or similar transaction, the transfer restriction will be lifted before the effective date for the number of shares reasonably determined by the Company.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period, the Company will acquire without consideration all shares for which the transfer restriction has not been lifted. If an event triggering acquisition without consideration specified in the allocation agreement occurs during the transfer restriction period, the Company will also acquire without consideration the number of shares specified in the agreement.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 13,248 shares, Category Employees / Number of Employees 30 people / Number of allocated shares 77,384 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 8 May 2026 to 7 May 2028.
Payment date
8 May 2026
Basis for determining the amount to be paid
The closing price of ¥717 on the business day immediately preceding the date of the board resolution
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock
Number of shares to be issued or disposed of90,632 common shares of the Company (treasury shares)
Issue price and disposal price¥717 per share
Total issue value¥64,983,144
Payment date8 May 2026
Intended allotteeName 3 directors (excluding outside directors) / Number of Shares 13,248 shares, Name 30 employees / Number of Shares 77,384 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 8 May 2026 to 7 May 2028.
Basis for determining the amount to be paidThe closing price of ¥717 on the business day immediately preceding the date of the board resolution
Transfer restriction period8 May 2026 to 7 May 2028 (2 years)
Conditions for lifting transfer restrictionsThe eligible directors must continuously remain directors of the Company throughout the transfer restriction period. The eligible employees must continuously remain officers or employees of the Company or one of its subsidiaries throughout the transfer restriction period. In the event of a corporate reorganization or similar transaction, the transfer restriction will be lifted before the effective date for the number of shares reasonably determined by the Company.
Reason for acquisition without considerationUpon expiration of the transfer restriction period, the Company will acquire without consideration all shares for which the transfer restriction has not been lifted. If an event triggering acquisition without consideration specified in the allocation agreement occurs during the transfer restriction period, the Company will also acquire without consideration the number of shares specified in the agreement.
Categories and Number of Persons CoveredCategory Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 13,248 shares, Category Employees / Number of Employees 30 people / Number of allocated shares 77,384 shares
Total Stock-Based CompensationTotal monetary compensation receivables of ¥64,983,144. A compensation budget of up to ¥500 million per annum in monetary compensation receivables for eligible directors has also been approved.
Items this document does not state (15)
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 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 eligible directors and others with an incentive to achieve sustained growth in corporate value and to promote greater sharing of value with shareholders.

How to read this page

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock | Yappli,Inc. (4168) timely disclosure | Komori