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Share Issuance and Disposal6905COSEL CO.,LTD.Electrical Equipment and Precision Instruments

Notice Regarding the Disposal of Treasury Shares as Performance-Linked Restricted Stock Compensation

The Company resolved to dispose of 13,500 treasury shares to 5 executive directors as performance-linked stock compensation. The shares will be subject to transfer restrictions until the relevant directors retire from the Board.

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Neutral
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Scale
13500
Shares
Wording
Definitive
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Details of issuance or disposal

Disposal of treasury shares as performance-linked restricted stock compensation

Who receives how much13,500Shares

13,500 shares of the Company's common stock (treasury shares)

5 of the Company's executive directors (excluding directors serving as Audit and Supervisory Committee members and outside directors): 13,500 shares

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

¥1,344 per share
Total issue value

¥18,144,000

Amount of funds to be raised
Total payment amount: ¥18,144,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Monetary compensation claims capped at an annual amount of ¥30 million (¥90 million in total over 3 fiscal years)
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 eligible directors retire from the Company's Board
Categories and Number of Persons Covered
5 executive directors of the Company: 13,500 shares
Intended allottee's holding policy
Transfer restrictions will remain in place until the eligible directors retire from the Company's Board.
Payment date
8 September 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 10 August 2026, the business day preceding the date of the Board resolution, was ¥1,344. There was no discount or premium.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as performance-linked restricted stock compensation
Number of shares to be issued or disposed of13,500 shares of the Company's common stock (treasury shares)
Issue price and disposal price¥1,344 per share
Total issue value¥18,144,000
Amount of funds to be raisedTotal payment amount: ¥18,144,000; estimated net proceeds: Not disclosed
Payment date8 September 2026
Intended allottee5 of the Company's executive directors (excluding directors serving as Audit and Supervisory Committee members and outside directors): 13,500 shares
Intended allottee's holding policyTransfer restrictions will remain in place until the eligible directors retire from the Company's Board.
Basis for determining the amount to be paidThe closing price of the Company's common stock on the Tokyo Stock Exchange on 10 August 2026, the business day preceding the date of the Board resolution, was ¥1,344. There was no discount or premium.
Transfer restriction periodUntil the eligible directors retire from the Company's Board
Categories and Number of Persons Covered5 executive directors of the Company: 13,500 shares
Total Stock-Based CompensationMonetary compensation claims capped at an annual amount of ¥30 million (¥90 million in total over 3 fiscal years)
Items this document does not state (16)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / 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 clarify the linkage between compensation and the Company's performance, and to strengthen the motivation to contribute to the improvement of the Group's medium- to long-term performance and enhancement of corporate value, as well as awareness of shareholder-focused management.

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Notice Regarding the Disposal of Treasury Shares as Performance-Linked Restricted Stock Compensation | COSEL CO.,LTD. (6905) timely disclosure | Komori