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Share Issuance and Disposal6484KVK CORPORATIONMachinery

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 2,160 treasury shares at ¥2,300 per share as restricted stock compensation for 3 executive employees. The shares will be subject to transfer restrictions for 30 years from 18 August 2026.

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Scale
2160
Shares
Wording
Definitive
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much2,160Shares

2,160 treasury shares

3 executive employees of the Company2,160 shares

The lower thin line represents the existing number of shares to which these shares will be added.

¥2,300 per share
Total issue value

¥4,968,000

Amount of funds to be raised
Total monetary claims of ¥4,968,000 (no estimated net proceeds stated)
Total Stock-Based Compensation
Total monetary claims of ¥4,968,000
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
30 years (18 August 2026 to 17 August 2056)
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible employee has continuously held the position of executive officer of the Company without concurrently serving as a director throughout the transfer restriction period. If the employee leaves office due to expiration of the term of office or another legitimate reason, some or all of the restrictions will be lifted in accordance with the prescribed calculation method.
Reason for acquisition without consideration
If, during the transfer restriction period, the holder commits a violation of laws or regulations or otherwise falls under any of the specified circumstances set out in the allocation agreement, the Company will acquire all of the shares without consideration. Any shares that remain subject to transfer restrictions after the restrictions are lifted will also be acquired without consideration.
Categories and Number of Persons Covered
3 executive employees of the Company, 2,160 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The transfer restriction period runs from 18 August 2026 to 17 August 2056.
Payment date
18 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 23 June 2026 was ¥2,300. The Company explained that the price does not constitute a particularly favorable price.
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 of2,160 treasury shares
Issue price and disposal price¥2,300 per share
Total issue value¥4,968,000
Amount of funds to be raisedTotal monetary claims of ¥4,968,000 (no estimated net proceeds stated)
Payment date18 August 2026
Intended allotteeName 3 executive employees of the Company / Number of Shares 2,160 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The transfer restriction period runs from 18 August 2026 to 17 August 2056.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 23 June 2026 was ¥2,300. The Company explained that the price does not constitute a particularly favorable price.
Transfer restriction period30 years (18 August 2026 to 17 August 2056)
Conditions for lifting transfer restrictionsThe transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible employee has continuously held the position of executive officer of the Company without concurrently serving as a director throughout the transfer restriction period. If the employee leaves office due to expiration of the term of office or another legitimate reason, some or all of the restrictions will be lifted in accordance with the prescribed calculation method.
Reason for acquisition without considerationIf, during the transfer restriction period, the holder commits a violation of laws or regulations or otherwise falls under any of the specified circumstances set out in the allocation agreement, the Company will acquire all of the shares without consideration. Any shares that remain subject to transfer restrictions after the restrictions are lifted will also be acquired without consideration.
Categories and Number of Persons Covered3 executive employees of the Company, 2,160 shares
Total Stock-Based CompensationTotal monetary claims of ¥4,968,000
Items this document does not state (14)
Estimated 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 foster a sense of belonging among executive employees and encourage their participation in management, thereby raising awareness of improving business performance and increasing the share price and enhancing corporate value over the medium to long term.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | KVK CORPORATION (6484) timely disclosure | Komori