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Share Issuance and Disposal7126Global Style Co.,Ltd.Retail

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Board of Directors resolved to dispose of 19,700 treasury shares as restricted stock compensation to 178 employees. The shares may not be transferred from 27 July 2026 to 26 July 2029.

Worth reading
48Recurring
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Direction
Neutral
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Scale
19700
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much19,700Shares

19,700 shares of the Company’s common stock (treasury shares)

178 employees of the Company19,700 shares

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

¥1,490 per share
Total issue value

¥29,353,000

Amount of funds to be raised
Total payment amount: ¥29,353,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥29,353,000
発行済株式総数

0.56% (as a percentage of the total number of shares issued as of 12 June 2026)

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
27 July 2026 to 26 July 2029 (approximately 3 years)
Conditions for lifting transfer restrictions
Provided that the recipient remains continuously in one of the positions of director, executive officer or employee of the Company during the restriction period, all transfer restrictions on the allocated shares held at the end of the period will be lifted upon expiration of the period. If the recipient leaves office or retires for a legitimate reason, such as reaching the mandatory retirement age, the restrictions will be lifted immediately thereafter. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted before the effective date subject to the prescribed conditions.
Reason for acquisition without consideration
If the recipient leaves office or retires from all positions as a director, executive officer and employee of the Company before the end of the restriction period, except where the Board of Directors determines that there is a legitimate reason.
Categories and Number of Persons Covered
178 employees of the Company, 19,700 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred to a third party, pledged, made subject to a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of. The holding policy after the transfer restrictions are lifted is Not disclosed
Payment date
27 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors’ resolution, 11 June 2026, was ¥1,490. No discount or premium was 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 of19,700 shares of the Company’s common stock (treasury shares)
Issue price and disposal price¥1,490 per share
Total issue value¥29,353,000
Amount of funds to be raisedTotal payment amount: ¥29,353,000; estimated net proceeds: Not disclosed
Payment date27 July 2026
Intended allotteeName 178 employees of the Company / Number of Shares 19,700 shares
Intended allottee's holding policyDuring the restriction period, the shares may not be transferred to a third party, pledged, made subject to a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of. The holding policy after the transfer restrictions are lifted is Not disclosed
Dilution Rate0.56% (as a percentage of the total number of shares issued as of 12 June 2026)
Total number of issued shares3,502,744 shares → Not disclosed
Basis for determining the amount to be paidThe closing price of the Company’s common stock on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors’ resolution, 11 June 2026, was ¥1,490. No discount or premium was stated.
Transfer restriction period27 July 2026 to 26 July 2029 (approximately 3 years)
Conditions for lifting transfer restrictionsProvided that the recipient remains continuously in one of the positions of director, executive officer or employee of the Company during the restriction period, all transfer restrictions on the allocated shares held at the end of the period will be lifted upon expiration of the period. If the recipient leaves office or retires for a legitimate reason, such as reaching the mandatory retirement age, the restrictions will be lifted immediately thereafter. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted before the effective date subject to the prescribed conditions.
Reason for acquisition without considerationIf the recipient leaves office or retires from all positions as a director, executive officer and employee of the Company before the end of the restriction period, except where the Board of Directors determines that there is a legitimate reason.
Categories and Number of Persons Covered178 employees of the Company, 19,700 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥29,353,000
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise 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 foster employees’ awareness of participating in management through share ownership and promote the sharing of value with shareholders.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | Global Style Co.,Ltd. (7126) timely disclosure | Komori