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Share Issuance and Disposal9241Future Link Network Co.,Ltd.Information and Communications, Services and Others

Notice of Issuance of New Shares as Restricted Stock Compensation to the Company’s Executive Officers and Employees

The Company will issue 1,875 ordinary shares to 4 executive officers and 1 employee through an in-kind contribution of monetary compensation receivables. The shares will be subject to transfer restrictions from 15 May 2026 through 30 April 2029.

Worth reading
58In focus
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
1875
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Issuance of new shares as restricted stock compensation

Who receives how much1,875Shares

Ordinary shares: 1,875 shares (new shares)

The Company's executive officers who do not concurrently serve as directors4 / 1,500 shares
Employees of the Company1 / 375 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.

¥1,332 per share
Total issue value

¥2,497,500

Amount of funds to be raised
Total payment amount: ¥2,497,500; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation receivables under this plan)
Total Stock-Based Compensation
Total monetary receivables: ¥2,497,500
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
15 May 2026 (payment date) to 30 April 2029
Conditions for lifting transfer restrictions
Provided that the relevant employee continuously holds a position as a director, Audit & Supervisory Board member, executive officer or employee of the Company or one of its subsidiaries throughout the transfer restriction period, all of the shares will be released from the transfer restrictions upon expiration of the period. In the event of retirement or resignation due to death or another reason deemed valid by the Company's Board of Directors, the transfer restrictions will be released for the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period, the Company will automatically acquire without consideration all shares for which the transfer restrictions have not been released. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to transfer restrictions after the release of the applicable restrictions.
Categories and Number of Persons Covered
4 executive officers who do not concurrently serve as directors, 1,500 shares; 1 employee, 375 shares
Payment date
15 May 2026
Basis for determining the amount to be paid
The closing price of the Company's ordinary shares on the Tokyo Stock Exchange on 15 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,332. No discount or premium rate was stated.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of new shares as restricted stock compensation
Number of shares to be issued or disposed ofOrdinary shares: 1,875 shares (new shares)
Issue price and disposal price¥1,332 per share
Total issue value¥2,497,500
Amount of funds to be raisedTotal payment amount: ¥2,497,500; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation receivables under this plan)
Payment date15 May 2026
Intended allotteeName The Company's executive officers who do not concurrently serve as directors / Number of Employees 4 / Number of Shares 1,500 shares, Name Employees of the Company / Number of Employees 1 / Number of Shares 375 shares
Basis for determining the amount to be paidThe closing price of the Company's ordinary shares on the Tokyo Stock Exchange on 15 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,332. No discount or premium rate was stated.
Transfer restriction period15 May 2026 (payment date) to 30 April 2029
Conditions for lifting transfer restrictionsProvided that the relevant employee continuously holds a position as a director, Audit & Supervisory Board member, executive officer or employee of the Company or one of its subsidiaries throughout the transfer restriction period, all of the shares will be released from the transfer restrictions upon expiration of the period. In the event of retirement or resignation due to death or another reason deemed valid by the Company's Board of Directors, the transfer restrictions will be released for the number of shares corresponding to the number of months in office.
Reason for acquisition without considerationUpon expiration of the transfer restriction period, the Company will automatically acquire without consideration all shares for which the transfer restrictions have not been released. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to transfer restrictions after the release of the applicable restrictions.
Categories and Number of Persons Covered4 executive officers who do not concurrently serve as directors, 1,500 shares; 1 employee, 375 shares
Total Stock-Based CompensationTotal monetary receivables: ¥2,497,500
Items this document does not state (15)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution 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 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 executive officers and employees who satisfy the prescribed requirements with an incentive to achieve sustained growth in the Company's corporate value, while further promoting value sharing with shareholders.

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 of Issuance of New Shares as Restricted Stock Compensation to the Company’s Executive Officers and Employees | Future Link Network Co.,Ltd. (9241) timely disclosure | Komori