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Share Issuance and Disposal8551The Kita-Nippon Bank,Ltd.Banks

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Bank resolved to dispose of 6,000 common shares as restricted stock compensation to 7 directors and 1 senior executive officer. The disposal price is ¥5,310 per share, and the transfer restriction period will be 30 years.

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6000
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much6,000Shares

6,000 common shares of the Bank (treasury shares)

7 directors of the Bank, excluding outside directors and directors who are Audit and Supervisory Committee members5,600 shares
1 senior executive officer400 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.

¥5,310 per share
Total issue value

¥31,860,000

Amount of funds to be raised
Total payment amount: ¥31,860,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration claims of ¥31,860,000 (the annual limit for monetary remuneration claims under the scheme is ¥60 million)
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
22 July 2026 to 21 July 2056 (30 years)
Conditions for lifting transfer restrictions
Provided that an eligible director continuously holds one of the following positions throughout the transfer restriction period: director, executive officer, executive officer who does not concurrently serve as a director, employee, adviser, counselor, or another equivalent position at the Bank, all transfer restrictions on the allocated shares will be lifted upon expiry of the transfer restriction period. In the event of retirement or resignation upon expiry of the term of office, mandatory retirement, or another legitimate reason, the restrictions will be lifted in proportion to the period of service.
Reason for acquisition without consideration
The Bank will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted at the expiry of the transfer restriction period or upon the lifting of the transfer restrictions. In the event of a corporate reorganization or similar transaction, the Bank will also acquire without consideration any shares whose transfer restrictions have not been lifted after the transfer restrictions are lifted.
Categories and Number of Persons Covered
7 directors of the Bank, excluding outside directors and directors who are Audit and Supervisory Committee members: 5,600 shares; 1 senior executive officer: 400 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 22 July 2026 to 21 July 2056.
Payment date
22 July 2026
Basis for determining the amount to be paid
The closing price of the Bank's common shares on the Tokyo Stock Exchange Prime Market on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥5,310. No discount or premium is stated.
Impact on Business Performance
The impact of this disposal of treasury shares on financial results is Not disclosed
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 of6,000 common shares of the Bank (treasury shares)
Issue price and disposal price¥5,310 per share
Total issue value¥31,860,000
Amount of funds to be raisedTotal payment amount: ¥31,860,000; estimated net proceeds: Not disclosed
Payment date22 July 2026
Intended allotteeName 7 directors of the Bank, excluding outside directors and directors who are Audit and Supervisory Committee members / Number of Shares 5,600 shares, Name 1 senior executive officer / Number of Shares 400 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 22 July 2026 to 21 July 2056.
Basis for determining the amount to be paidThe closing price of the Bank's common shares on the Tokyo Stock Exchange Prime Market on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥5,310. No discount or premium is stated.
Transfer restriction period22 July 2026 to 21 July 2056 (30 years)
Conditions for lifting transfer restrictionsProvided that an eligible director continuously holds one of the following positions throughout the transfer restriction period: director, executive officer, executive officer who does not concurrently serve as a director, employee, adviser, counselor, or another equivalent position at the Bank, all transfer restrictions on the allocated shares will be lifted upon expiry of the transfer restriction period. In the event of retirement or resignation upon expiry of the term of office, mandatory retirement, or another legitimate reason, the restrictions will be lifted in proportion to the period of service.
Reason for acquisition without considerationThe Bank will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted at the expiry of the transfer restriction period or upon the lifting of the transfer restrictions. In the event of a corporate reorganization or similar transaction, the Bank will also acquire without consideration any shares whose transfer restrictions have not been lifted after the transfer restrictions are lifted.
Categories and Number of Persons Covered7 directors of the Bank, excluding outside directors and directors who are Audit and Supervisory Committee members: 5,600 shares; 1 senior executive officer: 400 shares
Total Stock-Based CompensationTotal monetary remuneration claims of ¥31,860,000 (the annual limit for monetary remuneration claims under the scheme is ¥60 million)
Impact on Business PerformanceThe impact of this disposal of treasury shares on financial results is Not disclosed
Items this document does not state (13)
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 offering

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 medium- to long-term incentives, share value with shareholders, secure talented personnel, and function as a sound incentive for the sustainable growth of each eligible director.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | The Kita-Nippon Bank,Ltd. (8551) timely disclosure | Komori