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Share Issuance and Disposal6658Shirai Electronics Industrial Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 102,037 treasury shares as restricted stock compensation for 3 directors and 5 executive officers. The total disposal price is ¥44,998,317, and the payment date is 7 August 2026.

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102037
Shares
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much102,037Shares

102,037 common shares of the Company (treasury shares)

The Company's directors3 / 65,759 shares
The Company's executive officers5 / 36,278 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.

¥441 per share
Amount of funds to be raised

Total payment amount: ¥44,998,317; estimated net proceeds: Not disclosed

Total Stock-Based Compensation
Total monetary claims: ¥44,998,317
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
From 7 August 2026 until immediately after the eligible person retires or resigns from a designated position at the Company or one of its subsidiaries
Conditions for lifting transfer restrictions
The eligible person must continuously hold a designated position at the Company or one of its subsidiaries during the service provision period, from the date on which duties commence until immediately before the conclusion of the first annual shareholders meeting thereafter. If the eligible person retires or resigns for a legitimate reason, the restrictions will be lifted immediately after retirement or resignation with respect to the number of shares corresponding to the period of service.
Reason for acquisition without consideration
If the eligible director violates any law or regulation during the restricted transfer period, or if any other specified event set out in the allocation agreement occurs, the Company will acquire all of the shares held for no consideration. The Company will also acquire for no consideration any shares whose transfer restrictions are not lifted.
Categories and Number of Persons Covered
Category Directors / Number of Employees 3 / Number of allocated shares 65,759 shares, Category Executive officers / Number of Employees 5 / Number of allocated shares 36,278 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred to any third party, pledged or otherwise disposed of in any manner. Subject to the eligible directors and other officers continuing to hold their designated positions, the restrictions will be lifted upon expiration of the restricted period.
Payment date
7 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 13 July 2026 was ¥441. The discount rate and premium rate are Not disclosed.
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 of102,037 common shares of the Company (treasury shares)
Issue price and disposal price¥441 per share
Amount of funds to be raisedTotal payment amount: ¥44,998,317; estimated net proceeds: Not disclosed
Payment date7 August 2026
Intended allotteeName The Company's directors / Number of Employees 3 / Number of Shares 65,759 shares, Name The Company's executive officers / Number of Employees 5 / Number of Shares 36,278 shares
Intended allottee's holding policyDuring the restricted period, the shares may not be transferred to any third party, pledged or otherwise disposed of in any manner. Subject to the eligible directors and other officers continuing to hold their designated positions, the restrictions will be lifted upon expiration of the restricted period.
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 Standard Market on 13 July 2026 was ¥441. The discount rate and premium rate are Not disclosed.
Transfer restriction periodFrom 7 August 2026 until immediately after the eligible person retires or resigns from a designated position at the Company or one of its subsidiaries
Conditions for lifting transfer restrictionsThe eligible person must continuously hold a designated position at the Company or one of its subsidiaries during the service provision period, from the date on which duties commence until immediately before the conclusion of the first annual shareholders meeting thereafter. If the eligible person retires or resigns for a legitimate reason, the restrictions will be lifted immediately after retirement or resignation with respect to the number of shares corresponding to the period of service.
Reason for acquisition without considerationIf the eligible director violates any law or regulation during the restricted transfer period, or if any other specified event set out in the allocation agreement occurs, the Company will acquire all of the shares held for no consideration. The Company will also acquire for no consideration any shares whose transfer restrictions are not lifted.
Categories and Number of Persons CoveredCategory Directors / Number of Employees 3 / Number of allocated shares 65,759 shares, Category Executive officers / Number of Employees 5 / Number of allocated shares 36,278 shares
Total Stock-Based CompensationTotal monetary claims: ¥44,998,317
Items this document does not state (14)
Total issue valueEstimated 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.

The purpose is to provide incentives for the sustainable enhancement of corporate value, promote value sharing with shareholders, and further increase the motivation of the eligible directors and other recipients.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | Shirai Electronics Industrial Co.,Ltd. (6658) timely disclosure | Komori