Temairazu grants restricted stock compensation to directors and executives

Temairazu will issue 591 shares of common stock as restricted stock compensation to its directors and executive officers. The total value of this compensation is JPY 1,950,300, calculated at JPY 3,300 per share, based on the closing price on October 20, 2025. This compensation aims to enhance commitment to shareholder value.

The restricted stock will be subject to a transfer restriction period from November 12, 2025, to November 11, 2028. During this period, recipients cannot transfer or dispose of the shares. The company will acquire the shares without compensation if recipients cease to hold their positions, with exceptions for reasons deemed valid by the board of directors, such as term expiration.

Restrictions will be lifted on November 12, 2028, for recipients who remain in their positions. However, if a recipient departs before the end of the restriction period for reasons not approved by the board, a portion of the shares will be forfeited. The compensation includes monetary remuneration that will be fully contributed in kind to acquire the restricted stock.