Tokai Lease COMPLETES SHARE ISSUANCE FOR RESTRICTED STOCK AWARDS

TOKYO, Aug 06 (Pulse News Wire) – Tokai Lease CO.,LTD. (9761.T) completed the issuance of restricted stock awards on August 06, 2026.

The company had previously decided to issue shares as part of its restricted stock compensation program during a board meeting held on July 10, 2026. Details of the share issuance include: - Type and number of shares: Ordinary shares totaling 6,907 - Price per share: ¥2,352 - Total amount: ¥16.2 million - Recipients: Seven directors excluding audit committee members and outside directors The shares were transferred to the recipients on August 06, 2026, marking the completion of the transaction.

For more detailed information, refer to the press release dated July 10, 2026, titled "Notice Regarding Share Issuance for Restricted Stock Awards." This issuance aligns with the company's ongoing efforts to incentivize key personnel through equity-based compensation programs.