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Default1429Nippon Aqua Co.,Ltd.

Nippon Aqua Completes Restricted Share Issuance for Executive Compensation

– Nippon Aqua CO.,LTD. (1429.T) completed the issuance of restricted shares as part of executive compensation .

The company had previously resolved to distribute its own common stock as restricted share-based compensation during the board meeting held on April 16, 2026. Details of the issuance include: - Issue date: May 15, 2026 - Type and number of shares: Nippon Aqua's ordinary shares totaling 23,500 - Price per share: May 15, 2026 - Total value of issuance: April 16, 2026 - Recipients: Three executives (excluding outside directors) For more detailed information, refer to the press release dated April 16, 2026, concerning the distribution of restricted shares as compensation.

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