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Share Issuance and Disposal6265CONVUM Ltd.Machinery

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation for the Company's Executive Officer and Employees

The Company resolved to dispose of 16,600 treasury shares as restricted stock compensation to 1 executive officer and 84 employees. The disposal price is ¥2,675 per share, and the payment date is 1 June 2026.

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44405000
¥
Wording
Definitive
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much16,600Shares

16,600 treasury shares

Executive officers of the Company1 / 1,000 shares
The Company's employees84 / 15,600 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.

¥2,675 per share
Total issue value

¥44,405,000

Amount of funds to be raised
Total payment amount: ¥44,405,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥44,405,000
発行済株式総数

As this is a disposal of treasury shares, the total number of issued shares will not increase

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 1 June 2026 to 1 June 2029 (3 years)
Conditions for lifting transfer restrictions
The recipient must continuously hold one of the following positions during the restriction period: director, audit & supervisory board member, executive officer or employee of the Company. In the event of retirement from office, resignation or retirement from employment for a legitimate reason, or death, the applicable period will be determined based on the period from the payment date to the date of retirement, resignation or retirement from employment.
Reason for acquisition without consideration
If any of the shares subject to this allocation remain subject to restrictions when the restrictions are lifted, the Company will automatically acquire those shares without consideration.
Categories and Number of Persons Covered
1 executive officer of the Company: 1,000 shares; 84 employees of the Company: 15,600 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged, gifted inter vivos or otherwise disposed of, and must be held and maintained in a dedicated account. The restriction period runs from 1 June 2026 to 1 June 2029.
Payment date
1 June 2026
Basis for determining the amount to be paid
The closing price of ¥2,675 on the Tokyo Stock Exchange on the business day immediately preceding the Board of Directors' meeting, 26 March 2026. No discount or premium applies.
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 of16,600 treasury shares
Issue price and disposal price¥2,675 per share
Total issue value¥44,405,000
Amount of funds to be raisedTotal payment amount: ¥44,405,000; estimated net proceeds: Not disclosed
Payment date1 June 2026
Intended allotteeName Executive officers of the Company / Number of Employees 1 / Number of Shares 1,000 shares, Name The Company's employees / Number of Employees 84 / Number of Shares 15,600 shares
Intended allottee's holding policyDuring the restriction period, the shares may not be transferred, pledged, gifted inter vivos or otherwise disposed of, and must be held and maintained in a dedicated account. The restriction period runs from 1 June 2026 to 1 June 2029.
Total number of issued sharesAs this is a disposal of treasury shares, the total number of issued shares will not increase
Basis for determining the amount to be paidThe closing price of ¥2,675 on the Tokyo Stock Exchange on the business day immediately preceding the Board of Directors' meeting, 26 March 2026. No discount or premium applies.
Transfer restriction periodFrom 1 June 2026 to 1 June 2029 (3 years)
Conditions for lifting transfer restrictionsThe recipient must continuously hold one of the following positions during the restriction period: director, audit & supervisory board member, executive officer or employee of the Company. In the event of retirement from office, resignation or retirement from employment for a legitimate reason, or death, the applicable period will be determined based on the period from the payment date to the date of retirement, resignation or retirement from employment.
Reason for acquisition without considerationIf any of the shares subject to this allocation remain subject to restrictions when the restrictions are lifted, the Company will automatically acquire those shares without consideration.
Categories and Number of Persons Covered1 executive officer of the Company: 1,000 shares; 84 employees of the Company: 15,600 shares
Total Stock-Based CompensationTotal monetary compensation claims: ¥44,405,000
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateExercise 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 align the Company's executive officers and employees with the objective of achieving sustainable growth in corporate value and sharing value with shareholders. The restriction period is set at 3 years in order to achieve this objective over the medium to long term.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation for the Company's Executive Officer and Employees | CONVUM Ltd. (6265) timely disclosure | Komori