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Share Issuance and Disposal6699DIAMOND ELECTRIC HOLDINGS Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Regarding the Issuance of New Shares as Restricted Stock Compensation

The Company resolved to issue 107,900 common shares to directors, executive officers, technical directors and directors of subsidiaries, among others, as restricted stock compensation. The shares may not be transferred until the holder ceases to hold a specified position.

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Details of issuance or disposal

Issuance of new shares as restricted stock compensation

Who receives how much107,900Shares

107,900 shares (new shares)

Directors who are not Audit & Supervisory Committee members3 / 39,500 shares
Directors serving as Audit and Supervisory Committee members3 / 5,000 shares
Executive officers9 / 33,540 shares
Technical directors4 / 9,880 shares
Directors of subsidiaries and others4 / 19,980 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.

¥474 per share
Total issue value

¥51,144,600

Amount of funds to be raised
Total amount paid in: ¥51,144,600; estimated net proceeds: Not disclosed
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
Until the recipient director or other eligible person ceases to hold the specified position, including retirement or resignation due to death
Conditions for lifting transfer restrictions
Provided that the recipient has continuously remained in the specified position at the Company or one of its subsidiaries throughout the restricted period, all of the shares held will be released from the restrictions when the period expires. If the recipient ceases to hold the position before the end of the first Annual General Meeting of Shareholders following delivery of the shares, or in other specified circumstances, the restrictions will not be released and the Company will acquire the shares without consideration.
Reason for acquisition without consideration
Ceasing to hold the position before the end of the first Annual General Meeting of Shareholders following delivery of the shares, the release date falling within 3 months after the end of the fiscal year in which the shares were delivered, a material accounting fraud or other violation of laws or regulations, the occurrence of a substantial loss, or other circumstances specified in the agreement.
Categories and Number of Persons Covered
3 directors who are not Audit & Supervisory Committee members: 39,500 shares; 3 directors who are Audit & Supervisory Committee members: 5,000 shares; 9 executive officers: 33,540 shares; 4 technical directors: 9,880 shares; 4 directors of subsidiaries and others: 19,980 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred, pledged, made subject to a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any way.
Payment date
26 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 24 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥474. The discount or premium rate was Not disclosed.
Impact on Business Performance
The impact of this issuance of new shares on financial results was Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of new shares as restricted stock compensation
Number of shares to be issued or disposed of107,900 shares (new shares)
Issue price and disposal price¥474 per share
Total issue value¥51,144,600
Amount of funds to be raisedTotal amount paid in: ¥51,144,600; estimated net proceeds: Not disclosed
Payment date26 August 2026
Intended allotteeCategory Directors who are not Audit & Supervisory Committee members / Number of Employees 3 / Number of Shares 39,500 shares, Category Directors serving as Audit and Supervisory Committee members / Number of Employees 3 / Number of Shares 5,000 shares, Category Executive officers / Number of Employees 9 / Number of Shares 33,540 shares, Category Technical directors / Number of Employees 4 / Number of Shares 9,880 shares, Category Directors of subsidiaries and others / Number of Employees 4 / Number of Shares 19,980 shares
Intended allottee's holding policyDuring the restricted period, the shares may not be transferred, pledged, made subject to a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any way.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 24 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥474. The discount or premium rate was Not disclosed.
Transfer restriction periodUntil the recipient director or other eligible person ceases to hold the specified position, including retirement or resignation due to death
Conditions for lifting transfer restrictionsProvided that the recipient has continuously remained in the specified position at the Company or one of its subsidiaries throughout the restricted period, all of the shares held will be released from the restrictions when the period expires. If the recipient ceases to hold the position before the end of the first Annual General Meeting of Shareholders following delivery of the shares, or in other specified circumstances, the restrictions will not be released and the Company will acquire the shares without consideration.
Reason for acquisition without considerationCeasing to hold the position before the end of the first Annual General Meeting of Shareholders following delivery of the shares, the release date falling within 3 months after the end of the fiscal year in which the shares were delivered, a material accounting fraud or other violation of laws or regulations, the occurrence of a substantial loss, or other circumstances specified in the agreement.
Categories and Number of Persons Covered3 directors who are not Audit & Supervisory Committee members: 39,500 shares; 3 directors who are Audit & Supervisory Committee members: 5,000 shares; 9 executive officers: 33,540 shares; 4 technical directors: 9,880 shares; 4 directors of subsidiaries and others: 19,980 shares
Impact on Business PerformanceThe impact of this issuance of new shares on financial results was Not disclosed
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering

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 sustained enhancement of corporate value, promote value sharing with shareholders, strengthen awareness of contributions to the Company's sustainable growth and management oversight, prevent damage to corporate value, and maintain the Company's credibility.

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Notice Regarding the Issuance of New Shares as Restricted Stock Compensation | DIAMOND ELECTRIC HOLDINGS Co.,Ltd. (6699) timely disclosure | Komori