Makita to grant restricted stock to employee association

Makita Corporation announced on November 26, 2025, a plan to grant restricted stock to its employee shareholding association as an incentive. The disposal involves 200,150 shares of common stock at a price of 4,443.0 yen per share, totaling 889,266,450 yen. This initiative, celebrating the company's 110th anniversary, seeks to promote value sharing and assist employees in building personal assets.

The restricted stock will be allocated to eligible employees, with each receiving 50 shares. It will be subject to a transfer restriction period from March 19, 2026, until March 19, 2029. The disposal price was determined based on the closing price of Makita common shares on the Tokyo Stock Exchange Prime Market on November 25, 2025. The company’s board deemed this price fair.

The dilution ratio is estimated at approximately 0.07% against total issued shares as of September 30, 2025. The plan specifies conditions for lifting transfer restrictions and the company's right to acquire shares without consideration if conditions are not met. The shares will be managed in a dedicated account to ensure compliance during the restriction period.