Starzen completes employee restricted stock disposal payment

Starzen Company Limited announced on December 15, 2025, the completion of payment procedures for the disposal of treasury shares as restricted stock to its employees. This follows a resolution made at the company's board of directors meeting on November 13, 2025.

A total of 38,732 shares of Starzen's common stock were disposed of at a price of JPY 1,187 per share, amounting to a total value of JPY 45,974,884. The shares were allotted to 86 employees of the company.

These shares are subject to transfer restrictions, prohibiting employees from selling them until Starzen files its annual securities report for the fiscal year in which the shares were received. Given that the total disposal amount is less than JPY 100 million, no securities notification or extraordinary report under the Financial Instruments and Exchange Act was required.