Bank Of The Ryukyus to Distribute Restricted Shares to Executives on July 17

TOKYO, Jun 24 (Pulse News Wire) – Bank Of The Ryukyus,limited (8399.F) announced that it will distribute restricted shares to executives on July 17, 2026. The distribution involves 28,547 ordinary shares at a price of June 24, 2026 per share, totaling July 17, 2026.

This move aims to enhance motivation among targeted directors and executive officers while aligning their interests with shareholders' value. The restricted shares will be granted based on cash compensation bonds totaling May 10, 2019, which the recipients will contribute as capital investment. The shares will be subject to a restriction period from July 17, 2026, to July 17, 2056.

Under the agreement, the restrictions will lift upon continuous service until the next annual general meeting. In case of death or valid reasons for resignation during the restriction period, partial lifting of restrictions will apply based on tenure served. Should the bank undergo organizational restructuring during the restriction period, additional provisions will ensure fair treatment of the restricted shares.

The distribution price was determined based on the closing price of Bank of The Ryukyus’ ordinary shares on the Tokyo Stock Exchange on June 23, 2026, ensuring a non-arbitrary valuation.