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Share Issuance and Disposal8934Sun Frontier Fudousan Co.,Ltd.Real Estate

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 11,759 treasury shares to 5 directors as restricted stock compensation. In principle, the shares may not be transferred until the recipient resigns or retires.

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11759
Shares
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Definitive
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much11,759Shares

11,759 shares of the Company's common stock (treasury shares)

5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors): 11,759 shares

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

¥2,339 per share
Total issue value

¥27,504,301

Amount of funds to be raised
Total payment amount: ¥27,504,301. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥27,504,301. The annual stock compensation limit is ¥36 million and 50,000 shares.
Specific use of funds
As the treasury shares will be disposed of through an in-kind contribution of monetary compensation receivables, the specific use of funds to be raised by the Company is Not disclosed
発行済株式総数

The total number of issued shares will not increase because this is a disposal of treasury shares.

Not applicable (disposal of treasury shares)

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 23 July 2026 (the payment date) until the date on which the recipient ceases to be a director, executive officer or employee of the Company or any of its subsidiaries
Conditions for lifting transfer restrictions
The recipient must continuously hold a position as a director, executive officer or employee of the Company or any of its subsidiaries during the service period from the date of the Company's Annual General Meeting of Shareholders immediately preceding the payment date to the date of the Company's Annual General Meeting of Shareholders held in the following year. If the recipient resigns or retires due to death or another reason deemed legitimate by the Company's Board of Directors, the restrictions will be partially lifted in proportion to the number of months of service.
Reason for acquisition without consideration
When the restricted period expires, the Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors): 11,759 shares
Intended allottee's holding policy
The shares may not be transferred, pledged or otherwise disposed of from 23 July 2026 until the date on which the recipient ceases to be a director, executive officer or employee of the Company or any of its subsidiaries.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,339. Discount rate/premium rate: 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 of11,759 shares of the Company's common stock (treasury shares)
Issue price and disposal price¥2,339 per share
Total issue value¥27,504,301
Amount of funds to be raisedTotal payment amount: ¥27,504,301. Estimated net proceeds: Not disclosed
Specific use of fundsAs the treasury shares will be disposed of through an in-kind contribution of monetary compensation receivables, the specific use of funds to be raised by the Company is Not disclosed
Payment date23 July 2026
Intended allottee5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors): 11,759 shares
Intended allottee's holding policyThe shares may not be transferred, pledged or otherwise disposed of from 23 July 2026 until the date on which the recipient ceases to be a director, executive officer or employee of the Company or any of its subsidiaries.
Dilution RateNot applicable (disposal of treasury shares)
Total number of issued sharesThe total number of issued shares will not increase because this is a disposal of treasury shares.
Basis for determining the amount to be paidThe closing price of the Company's common stock on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,339. Discount rate/premium rate: Not disclosed
Transfer restriction periodFrom 23 July 2026 (the payment date) until the date on which the recipient ceases to be a director, executive officer or employee of the Company or any of its subsidiaries
Conditions for lifting transfer restrictionsThe recipient must continuously hold a position as a director, executive officer or employee of the Company or any of its subsidiaries during the service period from the date of the Company's Annual General Meeting of Shareholders immediately preceding the payment date to the date of the Company's Annual General Meeting of Shareholders held in the following year. If the recipient resigns or retires due to death or another reason deemed legitimate by the Company's Board of Directors, the restrictions will be partially lifted in proportion to the number of months of service.
Reason for acquisition without considerationWhen the restricted period expires, the Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors): 11,759 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥27,504,301. The annual stock compensation limit is ¥36 million and 50,000 shares.
Items this document does not state (11)
Estimated issuance expensesExercise 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 Group and to promote the sharing of value with shareholders.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | Sun Frontier Fudousan Co.,Ltd. (8934) timely disclosure | Komori