Optorun to dispose of treasury shares as restricted stock to employees

Optorun Co., Ltd. resolved to dispose of 2,256 shares of its common stock as restricted stock to employees and subsidiary officers and employees, effective January 30, 2025. The disposal value is set at yen 1,947 per share, totaling yen 4,392,432. This initiative aims to encourage continuous contributions to the company's performance and enhance corporate value.

The shares will be allotted to 12 eligible individuals based on job functions, performance metrics, and years of service. The restricted stock will have two transfer restriction periods: three years for 50% of the shares (Shares A) and five years for the remaining 50% (Shares B), starting from January 30, 2026. The transfer restrictions will generally be lifted upon the expiration of these periods, provided the recipients remain Group officers and employees.

In specific scenarios, such as assuming a director or executive officer role or reaching retirement age, transfer restrictions for Shares A or B may be partially lifted earlier. The shares will be administered in dedicated restricted stock accounts at Daiwa Securities Co., Ltd. to prevent unauthorized transfers during the restriction periods. The payment price of yen 1,947 per share was determined by the closing price on December 22, 2025, to ensure a fair market value.