Incentives for Officers and Employees Through Paid Stock Options and Restricted Stock

「At a meeting of the Board of Directors held on 10 October 2025, the Company resolved to grant stock acquisition rights (paid stock options) to 2 directors and 9 employees, and payment had been completed by the allotment date. Based on a resolution adopted at a meeting of the Board of Directors held on 10 October 2025, the Company disposed of 28,910 treasury shares as restricted stock compensation on 7 November 2025. In addition, based on a resolution adopted at a meeting of the Board of Directors held on 27 November 2025, the Company disposed of 14,750 treasury shares as restricted stock compensation on 19 December 2025.」

「Issued in May 2025 Restricted stock compensation Categories and numbers of eligible recipients Employees: 103 Number of restricted shares Common stock: 57,800 shares Grant date 9 May 2025」

「As described below, at a meeting of the Board of Directors held on 11 October 2024, the Company resolved to grant stock acquisition rights (paid stock options) to 2 of the Company’s directors and 5 executive officers, and payment had been completed by the allotment date.」

「Treasury shares acquired and offered for subscription 70,840 33,466,540」

「Furthermore, based on a resolution adopted at a meeting of the Board of Directors held on 12 April 2024, the Company disposed of 33,220 treasury shares as restricted stock compensation on 10 May 2024.」

「Based on a resolution adopted at a meeting of the Board of Directors held on 13 October 2023, the Company disposed of 25,330 treasury shares as restricted stock compensation on 10 November 2023. In addition, based on a resolution adopted at a meeting of the Board of Directors held on 29 November 2023, the Company disposed of 12,290 treasury shares as restricted stock compensation on 15 December 2023.」

「Based on a resolution adopted at a meeting of the Board of Directors held on 13 October 2023, the Company disposed of 25,330 treasury shares as restricted stock compensation on 10 November 2023.」

「As described below, at a meeting of the Board of Directors held on 14 April 2023, the Company resolved to grant stock acquisition rights (paid stock options) to 1 of the Company’s executive officers, and payment had been completed by the allotment date. Number of stock acquisition rights 440 Class, content and number of shares underlying the stock acquisition rights Common stock: 44,000 shares (Note) 1 In addition, at a meeting of the Board of Directors held on 14 April 2023, the Company resolved to dispose of treasury shares as restricted stock compensation and, based on this resolution, disposed of 16,520 treasury shares on 12 May 2023.」

「19 December 2022 (Note) 9,140 5,958,794 2,513 437,360 2,513 989,059 (Note) The increase resulted from the issuance of new shares as restricted stock compensation. Issue price ¥550 Amount credited to capital ¥275 Allottees 6 officers」

「11 November 2022 (Note) 1 18,050 5,945,334 5,387 433,961 5,387 985,660 (Note) 1. The increase resulted from the issuance of new shares as restricted stock compensation. Issue price ¥597 Amount credited to capital ¥298.5 Allottees 74 employees」

「On 21 January 2022, shares were allotted as restricted stock compensation to 3 directors, 3 Audit & Supervisory Board members and 69 employees through the issuance of new shares, and on 13 May 2022, shares were allotted to 10 employees.」

「As described below, at a meeting of the Board of Directors held on 14 April 2022, the Company resolved to grant stock acquisition rights (paid stock options) to 2 of the Company’s directors and 2 executive officers, and payment had been completed by the allotment date. The increase resulted from the issuance of new shares as restricted stock compensation. Allottees: 10 employees」