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Share Issuance and Disposal8368The Hyakugo Bank,Ltd.Banks

Notice Regarding the Finalization of the Terms of Stock Options as Share-Based Compensation for Directors

The previously undetermined terms of the stock compensation-type stock options for directors approved on 24 June 2026, including the total number to be issued, payment amount and number of underlying shares, have been finalized.

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38Recurring
Scored from 3 of 5 sections
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Neutral
Direction inferred from the company’s description.
Scale
10700
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Finalization of the issuance terms of stock compensation-type stock options (stock acquisition rights) for directors

Who receives how much

10,700 shares of the Bank's common stock (107 stock acquisition rights, each representing 100 shares)

The Bank's directors (excluding outside directors)6 / 10,700 shares

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

¥176,100 per stock acquisition right, or ¥1,761 per share
Total issue value

¥18,842,700 (¥176,100 × 107 rights)

Terms of the stock acquisition rights
Number of Stock Acquisition Rights
Total issuance of 107 stock acquisition rights. The number of unexercised rights is Not disclosed.
Categories and Number of Persons Covered
Directors of the Bank, excluding outside directors: 6; allocated shares: 10,700
Basis for determining the amount to be paid
The fair value of the stock acquisition rights calculated using the Black-Scholes model on the allotment date. The issuance does not constitute a favorable issuance. The periods used for the reference closing price and average share price, as well as the discount and premium rates, are Not disclosed.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalFinalization of the issuance terms of stock compensation-type stock options (stock acquisition rights) for directors
Number of shares to be issued or disposed of10,700 shares of the Bank's common stock (107 stock acquisition rights, each representing 100 shares)
Issue price and disposal price¥176,100 per stock acquisition right, or ¥1,761 per share
Total issue value¥18,842,700 (¥176,100 × 107 rights)
Intended allotteeName The Bank's directors (excluding outside directors) / Number of Employees 6 / Number of Shares 10,700 shares
Basis for determining the amount to be paidThe fair value of the stock acquisition rights calculated using the Black-Scholes model on the allotment date. The issuance does not constitute a favorable issuance. The periods used for the reference closing price and average share price, as well as the discount and premium rates, are Not disclosed.
Number of Stock Acquisition RightsTotal issuance of 107 stock acquisition rights. The number of unexercised rights is Not disclosed.
Categories and Number of Persons CoveredDirectors of the Bank, excluding outside directors: 6; allocated shares: 10,700
Items this document does not state (20)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / 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.

The previously undetermined items have been finalized based on the resolution of the Board of Directors dated 24 June 2026. The payment amount is the fair value of the stock acquisition rights calculated using the Black-Scholes model, and the issuance does not constitute a favorable issuance.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Finalization of the Terms of Stock Options as Share-Based Compensation for Directors | The Hyakugo Bank,Ltd. (8368) timely disclosure | Komori