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Share Issuance and Disposal8366THE SHIGA BANK,LTD.Banks

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Shiga Bank resolved to dispose of 17,977 treasury shares as restricted stock compensation to 6 directors and 9 executive officers. The total disposal price is ¥42,317,858, and the transfer restrictions will remain in place until the recipient leaves office or the first regularly scheduled shareholders meeting held thereafter, as prescribed.

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17977
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much17,977Shares

17,977 treasury shares

6 directors of the Bank (excluding outside directors)15,410 shares
9 executive officers of the Bank who do not concurrently serve as directors2,567 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.

¥2,354 per share
Total issue value

¥42,317,858

Amount of funds to be raised
Total payment amount: ¥42,317,858; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥42,317,858. The total annual amount of compensation and other benefits for the directors is capped at ¥100 million.
発行済株式総数

0.01% (based on 45,975,874 issued shares excluding treasury shares as of 31 March 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
From 10 July 2026 until the date on which the recipient leaves office as a director or executive officer of the Bank
Conditions for lifting transfer restrictions
The recipient must remain a director or executive officer of the Bank through the date of the first regularly scheduled shareholders meeting held after 10 July 2026. If the recipient leaves office for a legitimate reason, the restrictions will be partially lifted in proportion to the number of months in office.
Reason for acquisition without consideration
If the recipient leaves office without a legitimate reason before the day preceding the first regularly scheduled shareholders meeting, or if any shares remain subject to the transfer restrictions when the transfer restriction period ends. In the event of a reorganization or similar transaction, the Bank will acquire any shares whose restrictions have not been lifted as of the business day preceding the effective date.
Stock Split Ratio5 common shares for each common share, effective 1 April 2026
Categories and Number of Persons Covered
6 directors, 15,410 shares; 9 executive officers, 2,567 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, subject to a security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The transfer restriction period runs from 10 July 2026 until the date on which the recipient leaves office as a director or executive officer of the Bank.
Payment date
10 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 23 June 2026 was ¥2,354. No discount or premium rate 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 of17,977 treasury shares
Issue price and disposal price¥2,354 per share
Total issue value¥42,317,858
Amount of funds to be raisedTotal payment amount: ¥42,317,858; estimated net proceeds: Not disclosed
Payment date10 July 2026
Intended allotteeCategory 6 directors of the Bank (excluding outside directors) / Number of Shares 15,410 shares, Category 9 executive officers of the Bank who do not concurrently serve as directors / Number of Shares 2,567 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred, pledged, subject to a security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The transfer restriction period runs from 10 July 2026 until the date on which the recipient leaves office as a director or executive officer of the Bank.
Dilution Rate0.01% (based on 45,975,874 issued shares excluding treasury shares as of 31 March 2026)
Total number of issued shares45,975,874 shares (as of 31 March 2026, excluding treasury shares) → Not disclosed
Basis for determining the amount to be paidThe closing price of the Bank's common shares on the Tokyo Stock Exchange on 23 June 2026 was ¥2,354. No discount or premium rate is stated.
Transfer restriction periodFrom 10 July 2026 until the date on which the recipient leaves office as a director or executive officer of the Bank
Conditions for lifting transfer restrictionsThe recipient must remain a director or executive officer of the Bank through the date of the first regularly scheduled shareholders meeting held after 10 July 2026. If the recipient leaves office for a legitimate reason, the restrictions will be partially lifted in proportion to the number of months in office.
Reason for acquisition without considerationIf the recipient leaves office without a legitimate reason before the day preceding the first regularly scheduled shareholders meeting, or if any shares remain subject to the transfer restrictions when the transfer restriction period ends. In the event of a reorganization or similar transaction, the Bank will acquire any shares whose restrictions have not been lifted as of the business day preceding the effective date.
Categories and Number of Persons Covered6 directors, 15,410 shares; 9 executive officers, 2,567 shares
Total Stock-Based CompensationTotal monetary compensation receivables of ¥42,317,858. The total annual amount of compensation and other benefits for the directors is capped at ¥100 million.
Stock Split Ratio5 common shares for each common share, effective 1 April 2026
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures 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 enable the recipients to share with shareholders the benefits and risks of share price fluctuations during their tenure and to increase their motivation to contribute to higher share prices and improved corporate value.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | THE SHIGA BANK,LTD. (8366) timely disclosure | Komori