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Share Issuance and Disposal9201Japan Airlines Co.,Ltd.Transportation and Logistics

Notice Regarding the Disposal of Treasury Shares Under the Performance-Linked Stock Compensation Plan

The Company resolved to dispose of 124,241 treasury shares to 11 directors and 29 executive officers under the performance-linked share compensation plan. The total disposal amount is ¥384,774,377, which will be applied as an in-kind contribution of monetary compensation receivables by the eligible recipients.

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384774377
¥
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Details of issuance or disposal

Disposal of treasury shares under a performance-linked equity compensation plan

Who receives how much124,241Shares

124,241 common shares of the Company (treasury shares)

11 directors eligible for the portion of the plan for fiscal 2023 (excluding outside directors and including 5 former directors)45,927 shares
29 executive officers eligible for the portion of the plan for fiscal 2023 (excluding those who also serve as directors and including 7 former executive officers)78,314 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.

¥3,097 per share
Total issue value

¥384,774,377

Amount of funds to be raised
Total payment amount: ¥384,774,377; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥384,774,377
発行済株式総数

0.03% (as a percentage of the total number of shares issued as of 31 March 2026, excluding 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.

Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 11 / Number of allocated shares 45,927 shares, Category Executive officers (excluding those who also serve as directors) / Number of Employees 29 people / Number of allocated shares 78,314 shares
Payment date
21 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 7 July 2026, ¥3,097. The discount or premium to the closing price on the preceding business day is 0% (the price is equal to the closing price).
Procedures under the Corporate Code of Conduct
At the 68th Annual General Meeting of Shareholders held on 22 June 2017, approval was obtained for the maximum number of shares to be issued or disposed of to eligible directors under the plan and other matters.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares under a performance-linked equity compensation plan
Number of shares to be issued or disposed of124,241 common shares of the Company (treasury shares)
Issue price and disposal price¥3,097 per share
Total issue value¥384,774,377
Amount of funds to be raisedTotal payment amount: ¥384,774,377; estimated net proceeds: Not disclosed
Payment date21 August 2026
Intended allotteeCategory 11 directors eligible for the portion of the plan for fiscal 2023 (excluding outside directors and including 5 former directors) / Number of Shares 45,927 shares, Category 29 executive officers eligible for the portion of the plan for fiscal 2023 (excluding those who also serve as directors and including 7 former executive officers) / Number of Shares 78,314 shares
Dilution Rate0.03% (as a percentage of the total number of shares issued as of 31 March 2026, excluding treasury shares)
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 7 July 2026, ¥3,097. The discount or premium to the closing price on the preceding business day is 0% (the price is equal to the closing price).
Categories and Number of Persons CoveredCategory Directors (excluding outside directors) / Number of Employees 11 / Number of allocated shares 45,927 shares, Category Executive officers (excluding those who also serve as directors) / Number of Employees 29 people / Number of allocated shares 78,314 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥384,774,377
Procedures under the Corporate Code of ConductAt the 68th Annual General Meeting of Shareholders held on 22 June 2017, approval was obtained for the maximum number of shares to be issued or disposed of to eligible directors under the plan and other matters.
Items this document does not state (16)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / 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 strengthen the alignment with the Company's medium- to long-term performance and share value, promote the sustained improvement of corporate value over the medium to long term, and align interests with shareholders.

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Notice Regarding the Disposal of Treasury Shares Under the Performance-Linked Stock Compensation Plan | Japan Airlines Co.,Ltd. (9201) timely disclosure | Komori