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Share Issuance and Disposal7184THE FIRST BANK OF TOYAMA,LTD.Banks

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

富山第一銀行 resolved to dispose of 7,889 treasury shares as restricted stock compensation for 8 directors and 4 executive officers. The payment date is 21 July 2026, and the disposal price is ¥2,457 per share.

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7889
Shares
Wording
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How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much7,889Shares

7,889 common shares of the bank (treasury shares)

8 directors (excluding outside directors)6,101 shares
4 executive officers1,788 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.

¥2,457 per share
Total issue value

¥19,383,273

Total Stock-Based Compensation
Total monetary compensation claims of ¥19,383,273 (within the annual compensation limit of ¥30 million for directors)
発行済株式総数

As this is a disposal of treasury shares, the total number of issued shares will not increase

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 21 July 2026 (the payment date) until the date on which the recipient ceases to be a director or executive officer of the bank
Conditions for lifting transfer restrictions
The restrictions on all of the allocated shares will be lifted when the restriction period expires, provided that the recipient continuously remains a director or executive officer of the bank throughout the service period from 1 July 2026 until the date of the bank’s 116th Annual General Meeting of Shareholders. If the recipient ceases to hold office due to death, expiration of the term of office or another reason deemed legitimate by the bank’s Board of Directors, the restrictions will be lifted on the number of shares corresponding to the recipient’s months in office. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted on the number of shares corresponding to the prescribed period on the business day preceding the effective date of the corporate reorganization or similar transaction.
Reason for acquisition without consideration
The bank will automatically acquire for no consideration any allocated shares for which the restrictions have not been lifted when the restriction period expires.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 8 independent officers / Number of allocated shares 6,101 shares, Category Executive officers / Number of Employees 4 / Number of allocated shares 1,788 shares
Intended allottee's holding policy
During the restriction period, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The restriction period runs from 21 July 2026 until the date on which the recipient ceases to be a director or executive officer of the bank.
Payment date
21 July 2026
Basis for determining the amount to be paid
The closing price of the bank’s common shares on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the board resolution, was ¥2,457. No discount or premium 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 of7,889 common shares of the bank (treasury shares)
Issue price and disposal price¥2,457 per share
Total issue value¥19,383,273
Payment date21 July 2026
Intended allotteeCategory 8 directors (excluding outside directors) / Number of Shares 6,101 shares, Category 4 executive officers / Number of Shares 1,788 shares
Intended allottee's holding policyDuring the restriction period, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The restriction period runs from 21 July 2026 until the date on which the recipient ceases to be a director or executive officer of the bank.
Total number of issued sharesAs this is a disposal of treasury shares, the total number of issued shares will not increase
Basis for determining the amount to be paidThe closing price of the bank’s common shares on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the board resolution, was ¥2,457. No discount or premium is stated.
Transfer restriction periodFrom 21 July 2026 (the payment date) until the date on which the recipient ceases to be a director or executive officer of the bank
Conditions for lifting transfer restrictionsThe restrictions on all of the allocated shares will be lifted when the restriction period expires, provided that the recipient continuously remains a director or executive officer of the bank throughout the service period from 1 July 2026 until the date of the bank’s 116th Annual General Meeting of Shareholders. If the recipient ceases to hold office due to death, expiration of the term of office or another reason deemed legitimate by the bank’s Board of Directors, the restrictions will be lifted on the number of shares corresponding to the recipient’s months in office. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted on the number of shares corresponding to the prescribed period on the business day preceding the effective date of the corporate reorganization or similar transaction.
Reason for acquisition without considerationThe bank will automatically acquire for no consideration any allocated shares for which the restrictions have not been lifted when the restriction period expires.
Categories and Number of Persons CoveredCategory Directors (excluding outside directors) / Number of Employees 8 independent officers / Number of allocated shares 6,101 shares, Category Executive officers / Number of Employees 4 / Number of allocated shares 1,788 shares
Total Stock-Based CompensationTotal monetary compensation claims of ¥19,383,273 (within the annual compensation limit of ¥30 million for directors)
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateExercise 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 the eligible officers with an incentive to sustainably enhance corporate value and shareholder value over the medium to long term, and to promote the sharing of value with shareholders. The bank also took into consideration the purpose of the plan, the bank’s performance, the scope of responsibilities of each eligible officer and other relevant circumstances.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | THE FIRST BANK OF TOYAMA,LTD. (7184) timely disclosure | Komori