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Share Issuance and Disposal8999Grandy House CorporationReal estate

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company has resolved to dispose of 55,773 treasury shares to 14 directors, executive officers under mandate and directors of subsidiaries as restricted stock compensation. The disposal price is ¥502 per share, and the transfer restrictions will generally remain in place until the recipient leaves office.

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55773
Shares
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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much55,773Shares

55,773 treasury shares

The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors)5 / 31,074 shares
The Company's delegated executive officers2 / 4,581 shares
Directors of the Company's subsidiaries (excluding outside directors)7 / 20,118 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.

¥502 per share
Total issue value

¥27,998,046

Amount of funds to be raised
Total payment amount of ¥27,998,046; estimated net proceeds of Not disclosed
Total Stock-Based Compensation
Total monetary claims of ¥27,998,046
発行済株式総数

As this is a disposal of treasury shares, the total number of issued shares will not increase.

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 24 July 2026 until immediately after the recipient has left all positions as a director or executive officer under mandate of the Company or any of its subsidiaries
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiry of the transfer restriction period, provided that the recipient has continuously held a position as a director or executive officer under mandate of the Company or any of its subsidiaries from the date on which the recipient began performing duties until immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter. If the recipient leaves office upon expiration of the term or for another legitimate reason, the restrictions on the number of shares calculated in accordance with the prescribed formula will be lifted immediately after the recipient leaves office.
Reason for acquisition without consideration
If the recipient violates any law or regulation during the transfer restriction period or falls under any other specified circumstance set forth in the relevant allocation agreement, the Company will acquire all of the shares without consideration. The Company will also acquire without consideration any shares whose transfer restrictions are not lifted upon expiry of the transfer restriction period or at the time the restrictions are lifted.
Categories and Number of Persons Covered
5 Company directors: 31,074 shares; 2 Company executive officers under mandate: 4,581 shares; 7 directors of Company subsidiaries: 20,118 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged or otherwise disposed of in any manner. During this period, they will be managed in a dedicated account at Nomura Securities Co., Ltd.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 25 June 2026 was ¥502. No discount or premium rate was specified.
Procedures under the Corporate Code of Conduct
The matter was referred to the Compensation Advisory Committee, and its recommendations were obtained.
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 of55,773 treasury shares
Issue price and disposal price¥502 per share
Total issue value¥27,998,046
Amount of funds to be raisedTotal payment amount of ¥27,998,046; estimated net proceeds of Not disclosed
Payment date24 July 2026
Intended allotteeName The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 5 / Number of Shares 31,074 shares, Name The Company's delegated executive officers / Number of Employees 2 / Number of Shares 4,581 shares, Name Directors of the Company's subsidiaries (excluding outside directors) / Number of Employees 7 / Number of Shares 20,118 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred to any third party, pledged or otherwise disposed of in any manner. During this period, they will be managed in a dedicated account at Nomura Securities Co., Ltd.
Total number of issued sharesAs this is a disposal of treasury shares, the total number of issued shares will not increase.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 25 June 2026 was ¥502. No discount or premium rate was specified.
Transfer restriction periodFrom 24 July 2026 until immediately after the recipient has left all positions as a director or executive officer under mandate of the Company or any of its subsidiaries
Conditions for lifting transfer restrictionsThe transfer restrictions will be fully lifted upon expiry of the transfer restriction period, provided that the recipient has continuously held a position as a director or executive officer under mandate of the Company or any of its subsidiaries from the date on which the recipient began performing duties until immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter. If the recipient leaves office upon expiration of the term or for another legitimate reason, the restrictions on the number of shares calculated in accordance with the prescribed formula will be lifted immediately after the recipient leaves office.
Reason for acquisition without considerationIf the recipient violates any law or regulation during the transfer restriction period or falls under any other specified circumstance set forth in the relevant allocation agreement, the Company will acquire all of the shares without consideration. The Company will also acquire without consideration any shares whose transfer restrictions are not lifted upon expiry of the transfer restriction period or at the time the restrictions are lifted.
Categories and Number of Persons Covered5 Company directors: 31,074 shares; 2 Company executive officers under mandate: 4,581 shares; 7 directors of Company subsidiaries: 20,118 shares
Total Stock-Based CompensationTotal monetary claims of ¥27,998,046
Procedures under the Corporate Code of ConductThe matter was referred to the Compensation Advisory Committee, and its recommendations were obtained.
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 corporate value, promote value sharing with shareholders and further enhance the motivation of each eligible director and other recipient.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | Grandy House Corporation (8999) timely disclosure | Komori