Izumi disposes treasury shares for stock-based compensation plan

** Izumi Co., Ltd. (TSE:8273) announced the disposal of 38,657 of its treasury shares as restricted stock-based compensation for its directors and executive officers. The decision, made at a Board of Directors meeting on May 28, 2025, is part of a broader plan introduced in February 2021 to incentivize executives and align their interests with shareholders. The shares will be allocated to five directors (excluding outside directors), who will receive 23,983 shares, and 19 executive officers, who will receive 14,674 shares. The payment date is set for June 27, 2025, with a disposal amount of JPY3,273 per share, totaling JPY126,524,361. The directors and executive officers will contribute monetary compensation claims in exchange for the shares and will enter into a restricted stock allotment agreement, preventing them from transferring or disposing of the shares during a defined period. The disposal aims to sustainably improve corporate value and promote shared value with shareholders through its restricted stock-based compensation plan.