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Share Issuance and Disposal6586Makita CorporationMachinery

Notice Regarding the Disposal of Treasury Shares as Restricted Stock for Employees

The Company resolved to dispose of 3,893 treasury shares as restricted stock to 23 managerial employees of the Company and its subsidiaries in exchange for contributions in kind of monetary claims. As a general rule, the shares may not be transferred until the recipient retires from the Company or its subsidiaries.

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Neutral
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Scale
3893
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much3,893Shares

3,893 common shares of the Company (treasury shares)

23 managerial employees of the Company and its subsidiaries: 3,893 shares

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

¥5,300 per share
Total issue value

¥20,632,900

Total Stock-Based Compensation
Total monetary claims: ¥20,632,900
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 the payment date until the recipient retires from both the Company and its subsidiaries
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a position as an employee of the Company or one of its subsidiaries throughout the service period from 1 October 2026 to 31 March 2027, all transfer restrictions on the allotted shares will be lifted after the transfer restriction period expires. If the recipient loses that position due to death or any other reason deemed valid by the Company, the transfer restrictions on all shares will be lifted at the time the position is lost. In the event of a corporate reorganization or similar transaction, the restrictions will also be lifted at the prescribed time.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any allocated shares on which the transfer restrictions have not been lifted when the transfer restriction period expires.
Offering structure
Underwriter / lead underwriter
Daiwa Securities Co., Ltd. (administrator of the account dedicated to restricted stock)
Categories and Number of Persons Covered
23 managerial employees of the Company and its subsidiaries: 3,893 shares
Payment date
29 September 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 27 August 2026, the business day preceding the date of the Board of Directors' resolution, was ¥5,300. No discount or premium.
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 of3,893 common shares of the Company (treasury shares)
Issue price and disposal price¥5,300 per share
Total issue value¥20,632,900
Payment date29 September 2026
Intended allottee23 managerial employees of the Company and its subsidiaries: 3,893 shares
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 27 August 2026, the business day preceding the date of the Board of Directors' resolution, was ¥5,300. No discount or premium.
Transfer restriction periodFrom the payment date until the recipient retires from both the Company and its subsidiaries
Conditions for lifting transfer restrictionsProvided that the recipient continuously holds a position as an employee of the Company or one of its subsidiaries throughout the service period from 1 October 2026 to 31 March 2027, all transfer restrictions on the allotted shares will be lifted after the transfer restriction period expires. If the recipient loses that position due to death or any other reason deemed valid by the Company, the transfer restrictions on all shares will be lifted at the time the position is lost. In the event of a corporate reorganization or similar transaction, the restrictions will also be lifted at the prescribed time.
Reason for acquisition without considerationThe Company will automatically acquire without consideration any allocated shares on which the transfer restrictions have not been lifted when the transfer restriction period expires.
Categories and Number of Persons Covered23 managerial employees of the Company and its subsidiaries: 3,893 shares
Total Stock-Based CompensationTotal monetary claims: ¥20,632,900
Underwriter / lead underwriterDaiwa Securities Co., Ltd. (administrator of the account dedicated to restricted stock)
Items this document does not state (15)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsOverallotmentStock 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 provide an incentive for the sustained enhancement of the corporate value of the Company Group and to promote further value sharing with shareholders. Transfer restrictions will also remain in place until retirement to encourage medium- to long-term, continuous service.

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Notice Regarding the Disposal of Treasury Shares as Restricted Stock for Employees | Makita Corporation (6586) timely disclosure | Komori