TAKE AND Give. Needs to issue shares as executive compensation

TOKYO, Jul 31 (Pulse News Wire) – Take AND Give. Needs CO.,LTD.

(4331.T) announced that it resolved to dispose of treasury shares during a board meeting held on March 30, 2026. The disposal will take place on May 1, 2026, involving the issuance of ordinary shares worth ¥718 per share, totaling ¥6.7 million. The shares will be distributed among four executive directors as part of a newly implemented stock-based compensation program aimed at incentivizing long-term value creation and aligning interests with shareholders. Under the program, which was approved by the 21st Ordinary General Meeting of Shareholders on June 26, 2019, executives receive equity grants based on their performance over a defined service period.

The total number of shares granted annually cannot exceed 30,000 shares across all eligible directors. The valuation of the shares is determined based on the closing price of the company's stock on the Tokyo Stock Exchange on the day preceding the board resolution, ensuring fairness and reflecting recent market conditions accurately. For the latest distribution, the company used the closing price of March 27, 2026, which was set at ¥718. This method ensures that the allocation process is transparent and unbiased, adhering strictly to regulatory requirements and maintaining shareholder trust.