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Share Issuance and Disposal4664JAPAN RELIANCE SERVICE CORPORATIONInformation and Communications, Services and Others

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The company resolved to dispose of 12,261 treasury shares as restricted stock compensation to 3 directors and 5 executive officers. The total disposal price is ¥12,996,660, and the shares may not be transferred until the prescribed conditions, including remaining in office or service, have been met.

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12996660
¥
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much12,261Shares

12,261 shares of the company's common stock (treasury shares)

Directors of the Company (eligible directors determined by the Board of Directors from among directors other than outside directors)3 / 7,506 shares
The Company's executive officers5 / 4,755 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.

¥1,060 per share
Total issue value

¥12,996,660

Total Stock-Based Compensation
Total monetary compensation receivables: ¥12,996,660
発行済株式総数

Not applicable (disposal of treasury shares only)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

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 24 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the company
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds either the position of director or executive officer of the company throughout the service period, all of the allocated shares will be released from the transfer restrictions upon expiry of the transfer restriction period. If the recipient leaves office during the period for a legitimate reason, the number of shares to be released and the timing of release will be adjusted reasonably.
Reason for acquisition without consideration
The company will acquire the shares without consideration if any shares remain subject to the transfer restrictions at the end of the transfer restriction period, or if any shares remain subject to the restrictions after the restrictions are released in connection with a reorganization or similar event.
Categories and Number of Persons Covered
3 eligible directors, 7,506 shares; 5 executive officers, 4,755 shares
Intended allottee's holding policy
Transfer restrictions will apply from 24 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the company. The shares may not be transferred, pledged, subject to a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the company's common stock on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,060. No discount or premium is stated; the price is equal to the closing price.
Impact on Business Performance
No impact on the company's performance is stated
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 of12,261 shares of the company's common stock (treasury shares)
Issue price and disposal price¥1,060 per share
Total issue value¥12,996,660
Payment date24 July 2026
Intended allotteeCategory Directors of the Company (eligible directors determined by the Board of Directors from among directors other than outside directors) / Number of Employees 3 / Number of Shares 7,506 shares, Category The Company's executive officers / Number of Employees 5 / Number of Shares 4,755 shares
Intended allottee's holding policyTransfer restrictions will apply from 24 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the company. The shares may not be transferred, pledged, subject to a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner.
Dilution RateNot applicable (disposal of treasury shares only)
Basis for determining the amount to be paidThe closing price of the company's common stock on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,060. No discount or premium is stated; the price is equal to the closing price.
Transfer restriction periodFrom 24 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the company
Conditions for lifting transfer restrictionsProvided that the recipient continuously holds either the position of director or executive officer of the company throughout the service period, all of the allocated shares will be released from the transfer restrictions upon expiry of the transfer restriction period. If the recipient leaves office during the period for a legitimate reason, the number of shares to be released and the timing of release will be adjusted reasonably.
Reason for acquisition without considerationThe company will acquire the shares without consideration if any shares remain subject to the transfer restrictions at the end of the transfer restriction period, or if any shares remain subject to the restrictions after the restrictions are released in connection with a reorganization or similar event.
Categories and Number of Persons Covered3 eligible directors, 7,506 shares; 5 executive officers, 4,755 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥12,996,660
Impact on Business PerformanceNo impact on the company's performance is stated
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsTotal 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 an incentive for the sustained enhancement of corporate value and promote value sharing with shareholders. The amount of monetary compensation receivables was determined after comprehensively considering the company's performance, the responsibilities of each recipient and other factors.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | JAPAN RELIANCE SERVICE CORPORATION (4664) timely disclosure | Komori