Stanley Electric Restricts Share Transfer for Executives and Employees

TOKYO, Jul 31 (Pulse News Wire) – Stanley Electric CO.,LTD. (6923.T) completed the subscription process for restricted share transfers to its executive officers, employees, and domestic subsidiary directors.

Originally planned for 35,170 shares, the transaction was adjusted due to partial cancellation, resulting in the issuance of 34,879 shares. Details of the changes are as follows: - Shares transferred: 34,879 ordinary shares (originally 35,170) - Price per share: [¥3,667] yen (originally [¥3,667] yen) - Total amount: [¥128.9 million] yen (originally [¥129.0 million] yen) - Recipients: - Four senior executives: [1,600] shares (originally [1,600]) - Ten executives: [2,900] shares (originally 2,900 shares) - Five hundred thirty-two employees: [29,760] shares (originally 29,790 shares) - Ten directors of domestic subsidiaries: 880 shares (unchanged) The settlement date remains unchanged at July 31, 2026.

The adjustment resulted from one individual failing to meet allocation criteria or declining the offer. According to the company, this change will not impact the current fiscal performance.