Obic Business Consultants issues restricted stock to executives

Obic Business Consultants announced today the disposal of 1,000 shares of its treasury stock as part of a new restricted stock incentive plan for non-director executive officers. The decision, approved by the Board of Directors, aims to enhance the company's long-term value and further align management's interests with those of its shareholders. The disposal will occur on July 31, 2025, at a price of JPY 8,458 per share, totaling JPY 8,458,000. The incentive plan includes a 30-year transfer restriction period, expiring July 30, 2055. The plan entails the eligible executives contributing monetary claims to receive new shares, subject to transfer restrictions and potential forfeiture under certain conditions. The stock will be managed in dedicated accounts to enforce the restrictions.