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Share Issuance and Disposal6614Shikino High-Tech CO.,LTD.Electrical Equipment and Precision Instruments

Notice Regarding the Disposal of Treasury Shares as Restricted Stock Compensation for Directors

The Company resolved to dispose of 10,000 common shares as restricted stock compensation to 5 directors. The paid-in price is ¥878 per share, and the transfer restriction period runs from 24 July 2026 to 23 July 2029.

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10000
Shares
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much10,000Shares

10,000 common shares (treasury shares)

5 directors of the Company, excluding outside directors10,000 shares

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

¥878 per share
Total issue value

¥8,780,000

Amount of funds to be raised
Total paid-in amount: ¥8,780,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration receivables: ¥8,780,000
発行済株式総数

The total number of issued shares will not increase because this is a disposal of treasury shares.

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
24 July 2026 to 23 July 2029 (approximately 3 years)
Conditions for lifting transfer restrictions
Provided that the eligible director remains a director of the Company throughout the transfer restriction period, all transfer restrictions on the allocated shares will be lifted upon expiration of the transfer restriction period. However, if the eligible director loses that position for a reason the Company's Board of Directors deems legitimate, all transfer restrictions will be lifted upon expiration of the transfer restriction period. In the event of a reorganization or similar transaction, all transfer restrictions will be lifted by resolution of the Board of Directors.
Reason for acquisition without consideration
At the expiration of the restriction period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
5 directors of the Company (excluding outside directors); total shares allocated: 10,000
Intended allottee's holding policy
Transfers, the creation of security interests and other disposals will be prohibited from 24 July 2026 to 23 July 2029.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥878. No discount or premium 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 of10,000 common shares (treasury shares)
Issue price and disposal price¥878 per share
Total issue value¥8,780,000
Amount of funds to be raisedTotal paid-in amount: ¥8,780,000; estimated net proceeds: Not disclosed
Payment date24 July 2026
Intended allotteeName 5 directors of the Company, excluding outside directors / Number of Shares 10,000 shares
Intended allottee's holding policyTransfers, the creation of security interests and other disposals will be prohibited from 24 July 2026 to 23 July 2029.
Total number of issued sharesThe total number of issued shares will not increase because this is a disposal of treasury shares.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥878. No discount or premium was stated.
Transfer restriction period24 July 2026 to 23 July 2029 (approximately 3 years)
Conditions for lifting transfer restrictionsProvided that the eligible director remains a director of the Company throughout the transfer restriction period, all transfer restrictions on the allocated shares will be lifted upon expiration of the transfer restriction period. However, if the eligible director loses that position for a reason the Company's Board of Directors deems legitimate, all transfer restrictions will be lifted upon expiration of the transfer restriction period. In the event of a reorganization or similar transaction, all transfer restrictions will be lifted by resolution of the Board of Directors.
Reason for acquisition without considerationAt the expiration of the restriction period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered5 directors of the Company (excluding outside directors); total shares allocated: 10,000
Total Stock-Based CompensationTotal monetary remuneration receivables: ¥8,780,000
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 provide the eligible directors with an incentive to pursue sustained increases in corporate value and promote value sharing with shareholders. The Company also took into account its performance, the scope of each eligible director's responsibilities and other relevant circumstances.

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Notice Regarding the Disposal of Treasury Shares as Restricted Stock Compensation for Directors | Shikino High-Tech CO.,LTD. (6614) timely disclosure | Komori