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Share Issuance and Disposal8023DAIKO XTECH,LTD.Information and Communications, Services and Others

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation for Directors of Our Subsidiary

The Company has resolved to dispose of 3,300 treasury shares as restricted stock to 11 directors of a subsidiary, with monetary compensation receivables contributed in kind.

Worth reading
44Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
3300
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

発行・処分する株式数3,300Shares

3,300 common shares of the Company (treasury shares)

Intended allottee
Name Directors of subsidiaries of the Company / Number of Employees 11 / Number of Shares Not disclosed
¥931 per share
Total issue value

¥3,072,300

Amount of funds to be raised
Total payment amount: ¥3,072,300; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥3,072,300
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 either a director or executive officer of the Company or any of its subsidiaries
Conditions for lifting transfer restrictions
The recipient must have continuously held the position of director or executive officer of the Company or any of its subsidiaries throughout the relevant service period, from the date of the subsidiary's annual general meeting of shareholders immediately preceding the payment date through the date of the subsidiary's annual general meeting of shareholders held in the following year.
Reason for acquisition without consideration
If the transfer restrictions have not been lifted upon expiry of the restriction period. In addition, if a corporate reorganization or similar transaction is approved during the restriction period, the Company will acquire all shares for no consideration as of the business day preceding the effective date of the corporate reorganization or similar transaction.
Categories and Number of Persons Covered
11 directors of a subsidiary of the Company; number of shares allocated: Not disclosed
Intended allottee's holding policy
The shares may not be transferred, pledged, or otherwise disposed of from the payment date until the date on which the recipient ceases to be either a director or executive officer of the Company or any of its subsidiaries. The transfer restrictions on all shares will be lifted upon expiry of the restriction period, provided that the recipient has continuously held the position of director or executive officer throughout the prescribed service period.
Payment date
21 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥931. No discount or premium applies.
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 of3,300 common shares of the Company (treasury shares)
Issue price and disposal price¥931 per share
Total issue value¥3,072,300
Amount of funds to be raisedTotal payment amount: ¥3,072,300; estimated net proceeds: Not disclosed
Payment date21 July 2026
Intended allotteeName Directors of subsidiaries of the Company / Number of Employees 11 / Number of Shares Not disclosed
Intended allottee's holding policyThe shares may not be transferred, pledged, or otherwise disposed of from the payment date until the date on which the recipient ceases to be either a director or executive officer of the Company or any of its subsidiaries. The transfer restrictions on all shares will be lifted upon expiry of the restriction period, provided that the recipient has continuously held the position of director or executive officer throughout the prescribed service period.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥931. No discount or premium applies.
Transfer restriction periodFrom 21 July 2026 (the payment date) until the date on which the recipient ceases to be either a director or executive officer of the Company or any of its subsidiaries
Conditions for lifting transfer restrictionsThe recipient must have continuously held the position of director or executive officer of the Company or any of its subsidiaries throughout the relevant service period, from the date of the subsidiary's annual general meeting of shareholders immediately preceding the payment date through the date of the subsidiary's annual general meeting of shareholders held in the following year.
Reason for acquisition without considerationIf the transfer restrictions have not been lifted upon expiry of the restriction period. In addition, if a corporate reorganization or similar transaction is approved during the restriction period, the Company will acquire all shares for no consideration as of the business day preceding the effective date of the corporate reorganization or similar transaction.
Categories and Number of Persons Covered11 directors of a subsidiary of the Company; number of shares allocated: Not disclosed
Total Stock-Based CompensationTotal monetary compensation receivables: ¥3,072,300
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 an incentive to achieve sustained growth in the corporate value of the entire Company Group and to further promote value sharing with shareholders.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation for Directors of Our Subsidiary | DAIKO XTECH,LTD. (8023) timely disclosure | Komori