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Share Issuance and Disposal6822Oi Electric Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation for Directors and Executive Officers

The Company resolved to dispose of 5,332 treasury shares to 8 directors as restricted stock compensation. The payment amount is ¥5,510 per share, and the directors may not transfer the shares for a specified period.

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48Recurring
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Direction
Neutral
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Scale
5332
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much5,332Shares

5,332 common shares (treasury shares)

Directors (excluding directors who are Audit and Supervisory Committee members)5 / 4,027 shares
Directors serving as Audit and Supervisory Committee members3 / 1,305 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.

¥5,510 per share
Total issue value

¥29,379,320

Amount of funds to be raised
Total payment amount: ¥29,379,320; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥29,379,320 (¥22,188,770 for 5 directors and ¥7,190,550 for 3 directors who are Audit and Supervisory Committee members)
発行済株式総数

0.399%

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

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 delivery date until the date on which the relevant director retires as a director or as a director who is an Audit and Supervisory Committee member
Conditions for lifting transfer restrictions
Provided that the recipient remains continuously in the prescribed director position from 29 June 2026 through the date of the Company's annual general meeting of shareholders to be held in 2027, all transfer restrictions will be lifted on the expiration date of the restricted period. In the event of retirement due to expiration of the term of office, death or any other reason deemed justifiable by the Company's Board of Directors, the restrictions will be lifted in proportion to the number of months in office.
Reason for acquisition without consideration
At the expiration of the restricted period, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category Directors (excluding directors who are Audit and Supervisory Committee members) / Number of Employees 5 / Number of allocated shares 4,027 shares, Category Directors serving as Audit and Supervisory Committee members / Number of Employees 3 / Number of allocated shares 1,305 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The restricted period runs from the delivery date until the date on which the relevant director retires as a director or as a director who is an Audit and Supervisory Committee member.
Payment date
28 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 26 June 2026, ¥5,510. No discount or premium applies.
Procedures under the Corporate Code of Conduct
Board of Directors resolution and consultation with the Audit and Supervisory Committee. No information is provided regarding obtaining an opinion from an independent third party or confirming shareholder intent.
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 of5,332 common shares (treasury shares)
Issue price and disposal price¥5,510 per share
Total issue value¥29,379,320
Amount of funds to be raisedTotal payment amount: ¥29,379,320; estimated net proceeds: not disclosed
Payment date28 July 2026
Intended allotteeName Directors (excluding directors who are Audit and Supervisory Committee members) / Number of Employees 5 / Number of Shares 4,027 shares, Name Directors serving as Audit and Supervisory Committee members / Number of Employees 3 / Number of Shares 1,305 shares
Intended allottee's holding policyDuring the restricted period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The restricted period runs from the delivery date until the date on which the relevant director retires as a director or as a director who is an Audit and Supervisory Committee member.
Dilution Rate0.399%
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 26 June 2026, ¥5,510. No discount or premium applies.
Transfer restriction periodFrom the delivery date until the date on which the relevant director retires as a director or as a director who is an Audit and Supervisory Committee member
Conditions for lifting transfer restrictionsProvided that the recipient remains continuously in the prescribed director position from 29 June 2026 through the date of the Company's annual general meeting of shareholders to be held in 2027, all transfer restrictions will be lifted on the expiration date of the restricted period. In the event of retirement due to expiration of the term of office, death or any other reason deemed justifiable by the Company's Board of Directors, the restrictions will be lifted in proportion to the number of months in office.
Reason for acquisition without considerationAt the expiration of the restricted period, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons CoveredCategory Directors (excluding directors who are Audit and Supervisory Committee members) / Number of Employees 5 / Number of allocated shares 4,027 shares, Category Directors serving as Audit and Supervisory Committee members / Number of Employees 3 / Number of allocated shares 1,305 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥29,379,320 (¥22,188,770 for 5 directors and ¥7,190,550 for 3 directors who are Audit and Supervisory Committee members)
Procedures under the Corporate Code of ConductBoard of Directors resolution and consultation with the Audit and Supervisory Committee. No information is provided regarding obtaining an opinion from an independent third party or confirming shareholder intent.
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 to achieve sustained, long-term enhancement of the Company's corporate and shareholder value, and to promote the sharing of value with shareholders through ownership of the Company's shares.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation for Directors and Executive Officers | Oi Electric Co.,Ltd. (6822) timely disclosure | Komori