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Share Issuance and Disposal6941YAMAICHI ELECTRONICS CO.,LTD.Electrical Equipment and Precision Instruments

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 8,800 treasury shares to 4 eligible directors as restricted stock compensation. The total disposal amount is ¥87,384,000, and the shares will be subject to transfer restrictions until the recipients retire or otherwise leave their positions.

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Direction
Neutral
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Scale
8800
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much8,800Shares

8,800 common shares of the Company (treasury shares)

Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)4 / 8,800 shares

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

¥9,930 per share
Total issue value

¥87,384,000

Amount of funds to be raised
As the entire amount of these monetary claims will be contributed in kind, the total payment amount is ¥87,384,000. The estimated net proceeds are Not disclosed
Total Stock-Based Compensation
Total monetary claims of ¥87,384,000 (within the annual compensation limit of ¥90 million)
発行済株式総数

As this is a disposal of treasury shares, the dilution rate is Not disclosed

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 24 July 2026 until immediately after the recipient retires or otherwise leaves any position as a director of the Company, an executive officer who does not concurrently serve as a director, an employee or any other equivalent position
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a position as a director of the Company, an executive officer who does not concurrently serve as a director, an employee or any other equivalent position throughout the service period, the transfer restrictions on all of the allocated shares will be lifted upon expiration of the transfer restriction period. If the recipient retires or otherwise leaves the position upon expiration of the term of office, reaching retirement age or for another legitimate reason, the transfer restrictions will be lifted immediately after retirement or departure with respect to the number of shares corresponding to the number of months in office
Reason for acquisition without consideration
If the recipient engages in an act violating laws or regulations during the transfer restriction period or falls under any other specified circumstance set forth in the allocation agreement, the Company will acquire all shares held by the recipient without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted at the expiration of the transfer restriction period or at the time the restrictions are lifted
Categories and Number of Persons Covered
4 directors of the Company, excluding directors who are Audit & Supervisory Committee Members and outside directors; 8,800 shares
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange Prime Market on 24 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥9,930. 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 of8,800 common shares of the Company (treasury shares)
Issue price and disposal price¥9,930 per share
Total issue value¥87,384,000
Amount of funds to be raisedAs the entire amount of these monetary claims will be contributed in kind, the total payment amount is ¥87,384,000. The estimated net proceeds are Not disclosed
Payment date24 July 2026
Intended allotteeName Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of Shares 8,800 shares
Dilution RateAs this is a disposal of treasury shares, the dilution rate is Not disclosed
Basis for determining the amount to be paidThe closing price of the Company’s common shares on the Tokyo Stock Exchange Prime Market on 24 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥9,930. No discount or premium rate is stated
Transfer restriction periodFrom 24 July 2026 until immediately after the recipient retires or otherwise leaves any position as a director of the Company, an executive officer who does not concurrently serve as a director, an employee or any other equivalent position
Conditions for lifting transfer restrictionsProvided that the recipient continuously holds a position as a director of the Company, an executive officer who does not concurrently serve as a director, an employee or any other equivalent position throughout the service period, the transfer restrictions on all of the allocated shares will be lifted upon expiration of the transfer restriction period. If the recipient retires or otherwise leaves the position upon expiration of the term of office, reaching retirement age or for another legitimate reason, the transfer restrictions will be lifted immediately after retirement or departure with respect to the number of shares corresponding to the number of months in office
Reason for acquisition without considerationIf the recipient engages in an act violating laws or regulations during the transfer restriction period or falls under any other specified circumstance set forth in the allocation agreement, the Company will acquire all shares held by the recipient without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted at the expiration of the transfer restriction period or at the time the restrictions are lifted
Categories and Number of Persons Covered4 directors of the Company, excluding directors who are Audit & Supervisory Committee Members and outside directors; 8,800 shares
Total Stock-Based CompensationTotal monetary claims of ¥87,384,000 (within the annual compensation limit of ¥90 million)
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyTotal 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 provide incentives for the sustainable improvement of medium- to long-term performance and corporate value, and to strengthen management’s shareholder-focused awareness through the sharing of value with shareholders. In addition, taking into account the Company’s operating conditions, the scope of responsibilities of each eligible director and other relevant circumstances, the purpose this time is to further enhance motivation.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | YAMAICHI ELECTRONICS CO.,LTD. (6941) timely disclosure | Komori