Obic to dispose of treasury shares for executive compensation

Obic Co., Ltd. will dispose of 1,300 common treasury shares on January 30, 2026. These shares will be part of a restricted share-based remuneration plan for 13 executive officers. The disposal price is set at JPY4,963 per share, totaling JPY6,451,900. This initiative stems from a restricted share compensation plan introduced on November 6, 2025, aimed at providing incentives for sustainable corporate value growth and fostering value sharing with shareholders.

The executive officers will pay the total monetary compensation claim of JPY6,451,900, contributing it as an in-kind contribution to receive the shares. The disposal price of JPY4,963 per share was determined based on the closing price of Obic's common shares on the Tokyo Stock Exchange on December 9, 2025, ensuring a non-preferential and market-reflective valuation.

The allotted shares will be subject to a transfer restriction period from January 30, 2026, until resignation or retirement from any position within the company or its affiliates. The restriction will be lifted for officers who maintain their positions throughout the service period from April 1, 2025, to March 31, 2026. Shares for which restrictions are not lifted will be acquired by the company without compensation.