Makita allocates restricted shares to employees

Makita Corporation, through a Board of Directors resolution on August 26, 2025, will dispose of 4,655 shares of its common stock as restricted shares for employees. This initiative aims to foster a shared sense of value with shareholders and provide incentives for sustainable corporate value growth. The shares, valued at JPY 5,212 per share for a total of JPY 24,261,860, will be allocated to 27 management-level employees across Makita and its subsidiaries, with a payment date set for September 29, 2025.

The program includes a restricted share allotment agreement, placing transfer restrictions on these shares until the eligible employees retire from the company or its subsidiaries. Restrictions will be removed if the employee remains employed during the "Service Period" from October 1, 2025, to March 31, 2026. The disposal value was set at the closing price on the Tokyo Stock Exchange from February 25, 2025, ensuring a fair market valuation for the transaction.