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Share Issuance and Disposal7677Yashima & Co.,Ltd.Trading & Wholesale

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 2,451 treasury shares held by the Company to 6 directors as restricted stock compensation at ¥2,650 per share. The shares will be subject to transfer restrictions from 14 August 2026 through 13 August 2056.

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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much2,451Shares

Treasury shares: 2,451 common shares

The Company's directors (excluding directors who are Audit & Supervisory Committee Members)6 / 2,451 shares

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

¥2,650 per share
Total issue value

¥6,495,150

Amount of funds to be raised
Total payment amount: ¥6,495,150; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥6,495,150. Compensation limit: no more than ¥25 million per year.
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
14 August 2026 through 13 August 2056 (30 years)
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible director has continuously held one of the following positions during the period: director or executive officer of the Company or one of its subsidiaries, Audit & Supervisory Board member, or executive officer who does not concurrently serve as a director. If the eligible director leaves office upon expiration of the term of office or for another legitimate reason, the restrictions will be lifted for a number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
The Company will automatically acquire for no consideration any of the shares allocated under this arrangement that remain subject to transfer restrictions when the transfer restriction period expires or when the transfer restrictions are lifted.
Categories and Number of Persons Covered
6 directors of the Company (excluding directors who are Audit & Supervisory Committee members), 2,451 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral, or otherwise disposed of. The transfer restriction period runs from 14 August 2026 through 13 August 2056.
Payment date
14 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 14 July 2026, ¥2,650. No discount or premium is stated.
Impact on Business Performance
No information was provided regarding the impact on financial results.
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 ofTreasury shares: 2,451 common shares
Issue price and disposal price¥2,650 per share
Total issue value¥6,495,150
Amount of funds to be raisedTotal payment amount: ¥6,495,150; estimated net proceeds: Not disclosed
Payment date14 August 2026
Intended allotteeCategory The Company's directors (excluding directors who are Audit & Supervisory Committee Members) / Number of Employees 6 / Number of Shares 2,451 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral, or otherwise disposed of. The transfer restriction period runs from 14 August 2026 through 13 August 2056.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 14 July 2026, ¥2,650. No discount or premium is stated.
Transfer restriction period14 August 2026 through 13 August 2056 (30 years)
Conditions for lifting transfer restrictionsThe transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible director has continuously held one of the following positions during the period: director or executive officer of the Company or one of its subsidiaries, Audit & Supervisory Board member, or executive officer who does not concurrently serve as a director. If the eligible director leaves office upon expiration of the term of office or for another legitimate reason, the restrictions will be lifted for a number of shares corresponding to the number of months in office.
Reason for acquisition without considerationThe Company will automatically acquire for no consideration any of the shares allocated under this arrangement that remain subject to transfer restrictions when the transfer restriction period expires or when the transfer restrictions are lifted.
Categories and Number of Persons Covered6 directors of the Company (excluding directors who are Audit & Supervisory Committee members), 2,451 shares
Total Stock-Based CompensationTotal monetary claims: ¥6,495,150. Compensation limit: no more than ¥25 million per year.
Impact on Business PerformanceNo information was provided regarding the impact on financial results.
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal 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 offering

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.

The purpose is to provide the eligible directors with medium- to long-term incentives, share value with shareholders, and further enhance their motivation.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | Yashima & Co.,Ltd. (7677) timely disclosure | Komori