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Share Issuance and Disposal5204ISHIZUKA GLASS CO.,LTD.Construction and Materials

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 19,066 treasury shares as restricted stock compensation to a total of 31 directors, executive officers and others. The payment date is 30 July 2026, and the shares may not be transferred until the recipients retire from their positions or otherwise cease to hold them.

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Neutral
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Scale
19066
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much19,066Shares

19,066 shares of the Company’s common stock (treasury shares)

The Company's directors (excluding outside directors and limited to executive directors)4 / 8,881 shares
The Company's executive officers15 / 7,635 shares
Directors of the Company's subsidiaries (excluding outside directors)12 / 2,550 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.

¥3,040 per share
Amount of funds to be raised

Total payment amount: ¥57,960,640; estimated net proceeds: Not disclosed

Total Stock-Based Compensation
Total monetary compensation claims: ¥57,960,640. The total amount of monetary compensation claims to be paid as compensation and other remuneration to eligible directors is capped at ¥60 million per year.
発行済株式総数

0.45%

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 30 July 2026 until the date on which the allotment recipient retires from all positions as a director or executive officer of the Company or as a director of a Company subsidiary
Conditions for lifting transfer restrictions
In principle, the recipient must continue to hold an eligible position through the date of the first annual general meeting of shareholders of the Company or the relevant subsidiary to be held after the start of the transfer restriction period. If the recipient retires for a valid reason, part of the restriction will be lifted in proportion to the period of service.
Reason for acquisition without consideration
If the recipient retires from an eligible position by the day before the scheduled annual general meeting of shareholders, unless the Board of Directors recognizes a valid reason. Also, if any shares remain subject to transfer restrictions at the end of the period. If the recipient retires due to a corporate reorganization or other similar event, all shares for which the restrictions have not been lifted will be acquired without consideration.
Categories and Number of Persons Covered
4 Company directors, 8,881 shares; 15 Company executive officers, 7,635 shares; 12 directors of Company subsidiaries, 2,550 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner.
Payment date
30 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 30 June 2026 was ¥3,040. No discount or premium rate was 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 of19,066 shares of the Company’s common stock (treasury shares)
Issue price and disposal price¥3,040 per share
Amount of funds to be raisedTotal payment amount: ¥57,960,640; estimated net proceeds: Not disclosed
Payment date30 July 2026
Intended allotteeName The Company's directors (excluding outside directors and limited to executive directors) / Number of Employees 4 / Number of Shares 8,881 shares, Name The Company's executive officers / Number of Employees 15 / Number of Shares 7,635 shares, Name Directors of the Company's subsidiaries (excluding outside directors) / Number of Employees 12 / Number of Shares 2,550 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner.
Dilution Rate0.45%
Total number of issued shares4,219,554 shares → Not disclosed
Basis for determining the amount to be paidThe closing price of the Company’s common stock on the Tokyo Stock Exchange on 30 June 2026 was ¥3,040. No discount or premium rate was stated.
Transfer restriction periodFrom 30 July 2026 until the date on which the allotment recipient retires from all positions as a director or executive officer of the Company or as a director of a Company subsidiary
Conditions for lifting transfer restrictionsIn principle, the recipient must continue to hold an eligible position through the date of the first annual general meeting of shareholders of the Company or the relevant subsidiary to be held after the start of the transfer restriction period. If the recipient retires for a valid reason, part of the restriction will be lifted in proportion to the period of service.
Reason for acquisition without considerationIf the recipient retires from an eligible position by the day before the scheduled annual general meeting of shareholders, unless the Board of Directors recognizes a valid reason. Also, if any shares remain subject to transfer restrictions at the end of the period. If the recipient retires due to a corporate reorganization or other similar event, all shares for which the restrictions have not been lifted will be acquired without consideration.
Categories and Number of Persons Covered4 Company directors, 8,881 shares; 15 Company executive officers, 7,635 shares; 12 directors of Company subsidiaries, 2,550 shares
Total Stock-Based CompensationTotal monetary compensation claims: ¥57,960,640. The total amount of monetary compensation claims to be paid as compensation and other remuneration to eligible directors is capped at ¥60 million per year.
Items this document does not state (13)
Total issue valueEstimated issuance expensesSpecific use of fundsExercise 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 share the benefits and risks of share price fluctuations with shareholders and increase recipients’ motivation to contribute to higher share prices and enhanced corporate value.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | ISHIZUKA GLASS CO.,LTD. (5204) timely disclosure | Komori