Komori
Share Issuance and Disposal8392THE OITA BANK,LTD.Banks

Notice Regarding the Finalization of Terms for the Issuance of Equity Compensation Stock Options

The issuance terms, including the previously undetermined payment amount, have been finalized for the stock compensation-type stock options approved on 23 June 2026. A total of 395 stock acquisition rights will be allocated to 5 directors and 7 executive officers.

Worth reading
49Recurring
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
395
Units (50 shares per unit)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Issuance of stock compensation-type stock options (stock acquisition rights)

Who receives how much

Equivalent to 19,750 shares (395 stock acquisition rights, 50 shares per right)

5 directors, excluding directors who are Audit and Supervisory Committee members and outside directorsEquivalent to 11,000 shares
7 executive officersEquivalent to 8,750 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.

¥130,050 per stock acquisition right (¥2,601 per share)
Total issue value

¥51,369,750 (¥130,050 × 395 rights)

Amount of funds to be raised
No cash proceeds, as payment will be made by offsetting the amount against compensation receivables
Total Stock-Based Compensation
¥51,369,750 (¥130,050 per stock acquisition right × 395 rights; offset against compensation receivables)
Terms of the stock acquisition rights
Number of Stock Acquisition Rights
Total number issued: 395 rights. Number of outstanding unexercised rights: Not disclosed
Categories and Number of Persons Covered
220 rights to 5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors), and 175 rights to 7 executive officers
Basis for determining the amount to be paid
Calculated using the Black-Scholes model on the allocation date. The periods used for the closing price and average share price, and the discount and premium rates, are Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of stock compensation-type stock options (stock acquisition rights)
Number of shares to be issued or disposed ofEquivalent to 19,750 shares (395 stock acquisition rights, 50 shares per right)
Issue price and disposal price¥130,050 per stock acquisition right (¥2,601 per share)
Total issue value¥51,369,750 (¥130,050 × 395 rights)
Amount of funds to be raisedNo cash proceeds, as payment will be made by offsetting the amount against compensation receivables
Intended allotteeCategory 5 directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of stock acquisition rights 220 rights / Number of shares Equivalent to 11,000 shares, Category 7 executive officers / Number of stock acquisition rights 175 rights / Number of shares Equivalent to 8,750 shares
Basis for determining the amount to be paidCalculated using the Black-Scholes model on the allocation date. The periods used for the closing price and average share price, and the discount and premium rates, are Not disclosed
Number of Stock Acquisition RightsTotal number issued: 395 rights. Number of outstanding unexercised rights: Not disclosed
Categories and Number of Persons Covered220 rights to 5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors), and 175 rights to 7 executive officers
Total Stock-Based Compensation¥51,369,750 (¥130,050 per stock acquisition right × 395 rights; offset against compensation receivables)
Items this document does not state (18)
Estimated 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 considerationUnderwriter / 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 terms have been finalized for the stock compensation-type stock options approved at the Board of Directors meeting held on 23 June 2026. The payment amount will be calculated using the Black-Scholes model on the allocation date, and the recipients will pay by offsetting the amount against their compensation receivables.

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 Terms for the Issuance of Equity Compensation Stock Options | THE OITA BANK,LTD. (8392) timely disclosure | Komori