Giken completes treasury share disposal for restricted stock remuneration

Giken Ltd. announced on December 26, 2025, the completion of payment procedures for the disposal of its treasury shares as restricted stock remuneration. This action, approved by the board of directors on November 27, 2025, involved a total of 27,528 common shares at a disposal price of 1,711 yen per share, for a total value of 47,100,408 yen.

The shares were allotted to 24 individuals across the company and its subsidiaries. This included five directors (excluding outside directors) receiving 12,563 shares, four delegated operating officers receiving 3,760 shares, and eight employee operating officers receiving 4,248 shares.

Additionally, two directors of Giken's subsidiaries were allotted 3,564 shares, two delegated operating officers of subsidiaries received 1,800 shares, and three employee operating officers of subsidiaries received 1,593 shares.