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Share Issuance and Disposal7962KING JIM CO.,LTD.Information and Communications, Services and Others

Notice Concerning the Disposal of Treasury Shares as Stock-Based Compensation for Directors and Senior Executive Officers

The Company resolved to dispose of 30,020 treasury shares as restricted stock compensation for 4 directors and 2 senior executive officers. The recipients will be granted monetary compensation claims totaling ¥23,385,580 and will contribute them in kind at ¥779 per share.

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Neutral
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30020
Shares
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Definitive
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much30,020Shares

30,020 common shares (treasury shares)

4 of the Company's directors, excluding outside directors26,066 shares
2 senior executive officers of the Company3,954 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.

¥779 per share
Total issue value

¥23,385,580

Amount of funds to be raised
Total payment amount ¥23,385,580; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥23,385,580. The annual limit for compensation claims for directors is ¥40 million or less.
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 13 November 2026 until the date on which the recipient ceases to hold either the position of director or senior executive officer of the Company
Conditions for lifting transfer restrictions
On the condition that the recipient continuously holds the position of director or senior executive officer of the Company from October 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending June 2027, all shares will be released from the transfer restrictions upon expiry of the restriction period. If the recipient retires due to death or another reason deemed legitimate by the Board of Directors, the shares corresponding to the number of months in office will be released.
Reason for acquisition without consideration
Upon expiry of the transfer restriction period or at another time specified in the agreement, the Company will acquire without consideration any shares that remain subject to the transfer restrictions.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 26,066 shares, Category Senior Executive Officer / Number of Employees 2 / Number of allocated shares 3,954 shares
Intended allottee's holding policy
No transfer, creation of security interests or other disposal is permitted from 13 November 2026 until the date on which the recipient ceases to hold either the position of director or senior executive officer of the Company.
Payment date
13 November 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 13 October 2026 was ¥779. The discount/premium rate was approximately 0% (the same as the closing price).
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 of30,020 common shares (treasury shares)
Issue price and disposal price¥779 per share
Total issue value¥23,385,580
Amount of funds to be raisedTotal payment amount ¥23,385,580; estimated net proceeds: Not disclosed
Payment date13 November 2026
Intended allotteeCategory 4 of the Company's directors, excluding outside directors / Number of Shares 26,066 shares, Category 2 senior executive officers of the Company / Number of Shares 3,954 shares
Intended allottee's holding policyNo transfer, creation of security interests or other disposal is permitted from 13 November 2026 until the date on which the recipient ceases to hold either the position of director or senior executive officer of the Company.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 13 October 2026 was ¥779. The discount/premium rate was approximately 0% (the same as the closing price).
Transfer restriction periodFrom 13 November 2026 until the date on which the recipient ceases to hold either the position of director or senior executive officer of the Company
Conditions for lifting transfer restrictionsOn the condition that the recipient continuously holds the position of director or senior executive officer of the Company from October 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending June 2027, all shares will be released from the transfer restrictions upon expiry of the restriction period. If the recipient retires due to death or another reason deemed legitimate by the Board of Directors, the shares corresponding to the number of months in office will be released.
Reason for acquisition without considerationUpon expiry of the transfer restriction period or at another time specified in the agreement, the Company will acquire without consideration any shares that remain subject to the transfer restrictions.
Categories and Number of Persons CoveredCategory Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 26,066 shares, Category Senior Executive Officer / Number of Employees 2 / Number of allocated shares 3,954 shares
Total Stock-Based CompensationTotal monetary compensation claims: ¥23,385,580. The annual limit for compensation claims for directors is ¥40 million or less.
Items this document does not state (14)
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 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 enhancement of corporate value and shareholder value over the medium to long term and promote the sharing of value with shareholders. The Company also considered the purpose of the plan, the Company's performance, the scope of the responsibilities of each recipient and other relevant factors.

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Notice Concerning the Disposal of Treasury Shares as Stock-Based Compensation for Directors and Senior Executive Officers | KING JIM CO.,LTD. (7962) timely disclosure | Komori