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Share Issuance and Disposal9880INNOTECH CORPORATIONElectrical Equipment and Precision Instruments

Notice Regarding the Disposal of Treasury Shares as Restricted Stock Compensation for Executive Officers

The Company resolved to dispose of 36,800 treasury shares to 6 executive officers as restricted stock compensation. The disposal price is ¥3,330 per share, and the transfer restriction period is from 30 October 2026 to 31 October 2031.

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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much36,800Shares

36,800 treasury shares

6 executive officers, excluding executive officers who concurrently serve as directors36,800 shares

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

¥3,330 per share
Total issue value

¥122,544,000

Amount of funds to be raised
Total payment amount: ¥122,544,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥122,544,000
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
30 October 2026 to 31 October 2031 (5 years)
Conditions for lifting transfer restrictions
The transfer restrictions will be lifted upon expiry of the transfer restriction period, conditional on the eligible executive officer having continuously held the position of executive officer of the Company throughout the transfer restriction period. In the event of retirement upon expiry of the term of office, reaching the mandatory retirement age, or for other legitimate reasons, some or all of the restrictions will be lifted in accordance with the prescribed calculation method.
Reason for acquisition without consideration
If, upon expiry of the transfer restriction period or the lifting of the transfer restrictions, any of the shares allotted under this arrangement remain subject to transfer restrictions.
Categories and Number of Persons Covered
6 executive officers, excluding executive officers who concurrently serve as directors; 36,800 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. The transfer restriction period is from 30 October 2026 to 31 October 2031.
Payment date
30 October 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 21 July 2026 was ¥3,330. No discount or premium rate is stated.
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 of36,800 treasury shares
Issue price and disposal price¥3,330 per share
Total issue value¥122,544,000
Amount of funds to be raisedTotal payment amount: ¥122,544,000; estimated net proceeds: Not disclosed
Payment date30 October 2026
Intended allotteeName 6 executive officers, excluding executive officers who concurrently serve as directors / Number of Shares 36,800 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. The transfer restriction period is from 30 October 2026 to 31 October 2031.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 21 July 2026 was ¥3,330. No discount or premium rate is stated.
Transfer restriction period30 October 2026 to 31 October 2031 (5 years)
Conditions for lifting transfer restrictionsThe transfer restrictions will be lifted upon expiry of the transfer restriction period, conditional on the eligible executive officer having continuously held the position of executive officer of the Company throughout the transfer restriction period. In the event of retirement upon expiry of the term of office, reaching the mandatory retirement age, or for other legitimate reasons, some or all of the restrictions will be lifted in accordance with the prescribed calculation method.
Reason for acquisition without considerationIf, upon expiry of the transfer restriction period or the lifting of the transfer restrictions, any of the shares allotted under this arrangement remain subject to transfer restrictions.
Categories and Number of Persons Covered6 executive officers, excluding executive officers who concurrently serve as directors; 36,800 shares
Total Stock-Based CompensationTotal monetary compensation claims: ¥122,544,000
Items this document does not state (14)
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 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.

The purpose is to provide incentives for the sustainable enhancement of corporate value, encourage greater participation in management, and promote the sharing of value with shareholders over the medium to long term. This time, the Company took into account performance, the scope of responsibilities of each eligible executive officer, and other relevant circumstances.

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Notice Regarding the Disposal of Treasury Shares as Restricted Stock Compensation for Executive Officers | INNOTECH CORPORATION (9880) timely disclosure | Komori