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Share Issuance and Disposal6810Maxell,Ltd.Electrical Equipment and Precision Instruments

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 21,774 treasury shares as restricted stock compensation for 3 executive officers and 110 employees. Transfer restrictions will apply to the shares allocated to executive officers until they leave their positions or retire, and to the shares allocated to employees for 5 years.

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36Immaterial
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Direction
Neutral
Direction inferred from the company’s description.
Scale
21774
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much21,774Shares

21,774 shares of the Company’s common stock (treasury shares)

3 of the Company's executive officers1,389 shares
110 employees of the Company20,385 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.

¥2,058 per share
Total issue value

¥44,810,892

Total Stock-Based Compensation
Total monetary compensation receivables: ¥44,810,892
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
Allocated Shares I: From 20 August 2026 until the date on which the recipient leaves or retires from any position, including the position of executive officer or employee of the Company, designated by the Company. Allocated Shares II: From 20 August 2026 through 19 August 2031 (5 years).
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a position as an executive officer or employee of the Company, or another position designated by the Company, all of the shares held will be released from the transfer restrictions upon expiration of the restriction period. In the event of departure or retirement for a legitimate reason, the number of shares to be released will be calculated based on the number of months in office or employment.
Reason for acquisition without consideration
If the recipient leaves or retires from the position of executive officer or employee of the Company, or another position designated by the Company, before expiration of the transfer restriction period without a reason deemed legitimate. If any shares remain subject to transfer restrictions at the expiration of the restriction period. If any shares remain subject to transfer restrictions on the business day preceding the effective date of a corporate reorganization or similar event.
Categories and Number of Persons Covered
Category The Company's executive officers / Number of Employees 3 / Number of allocated shares 1,389 shares, Category Employees of the Company / Number of Employees 110 / Number of allocated shares 20,385 shares
Intended allottee's holding policy
As restricted stock, the shares allocated to executive officers will be subject to transfer restrictions until they leave their positions or retire from any position designated by the Company, while the shares allocated to employees will be subject to transfer restrictions from 20 August 2026 through 19 August 2031. The holding policy after the transfer restrictions are lifted is Not disclosed.
Payment date
20 August 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange on 30 July 2026, ¥2,058. No discount or premium rate is 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 of21,774 shares of the Company’s common stock (treasury shares)
Issue price and disposal price¥2,058 per share
Total issue value¥44,810,892
Payment date20 August 2026
Intended allotteeName 3 of the Company's executive officers / Number of Shares 1,389 shares, Name 110 employees of the Company / Number of Shares 20,385 shares
Intended allottee's holding policyAs restricted stock, the shares allocated to executive officers will be subject to transfer restrictions until they leave their positions or retire from any position designated by the Company, while the shares allocated to employees will be subject to transfer restrictions from 20 August 2026 through 19 August 2031. The holding policy after the transfer restrictions are lifted is Not disclosed.
Basis for determining the amount to be paidThe closing price of the Company’s common stock on the Tokyo Stock Exchange on 30 July 2026, ¥2,058. No discount or premium rate is stated.
Transfer restriction periodAllocated Shares I: From 20 August 2026 until the date on which the recipient leaves or retires from any position, including the position of executive officer or employee of the Company, designated by the Company. Allocated Shares II: From 20 August 2026 through 19 August 2031 (5 years).
Conditions for lifting transfer restrictionsProvided that the recipient continuously holds a position as an executive officer or employee of the Company, or another position designated by the Company, all of the shares held will be released from the transfer restrictions upon expiration of the restriction period. In the event of departure or retirement for a legitimate reason, the number of shares to be released will be calculated based on the number of months in office or employment.
Reason for acquisition without considerationIf the recipient leaves or retires from the position of executive officer or employee of the Company, or another position designated by the Company, before expiration of the transfer restriction period without a reason deemed legitimate. If any shares remain subject to transfer restrictions at the expiration of the restriction period. If any shares remain subject to transfer restrictions on the business day preceding the effective date of a corporate reorganization or similar event.
Categories and Number of Persons CoveredCategory The Company's executive officers / Number of Employees 3 / Number of allocated shares 1,389 shares, Category Employees of the Company / Number of Employees 110 / Number of allocated shares 20,385 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥44,810,892
Items this document does not state (15)
Amount of funds to be raisedEstimated 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 increase executive officers’ and employees’ awareness of their participation in management through ownership of the Company’s shares and promote the sharing of value with shareholders.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | Maxell,Ltd. (6810) timely disclosure | Komori