July 12, 2024

For Immediate Release

Company Name: TSUGAMI CORPORATION

Representative Director: Kenji Yoneyama

(Stock Code: 6101, Tokyo Stock Exchange Prime Market)

Contact: Hiroyuki Yuki, Head of Administration

Tel: +81-3-3808-1711

Notice of Completion of Payment for Disposal of Treasury Stock as Restricted Stock Compensation

TSUGAMI CORPORATION announces that payment procedures have been completed today for the disposal of the Company's treasury stock as restricted stock compensation, which was resolved at the meeting of the Board of Directors held on June 19, 2024. Details are as follows. For more information, please see the Notice of Disposal of Treasury Stock as Restricted Stock Compensation published on June 19, 2024.

1. Outline of the disposal of treasury stock

(1)

Payment date

July 12, 2024

(2)

Type and number of

Common stock of the Company 427,900 shares

shares to be disposed of

(3)

Disposal value

1,569 yen per share

(4)

Total disposal amount

671,375,100 yen

Director of the Company (※1)

4

186,500 shares

Executive Officer of the Company

15

168,400 shares

Employees of the Company (※2)

7

73,000 shares

(5)

Allottee

※1 Excluding Directors who are Audit and Supervisory

Committee Members and Outside Directors

※2 Limited to employees equivalent to the Company's Executive

Officers

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Disclaimer

Tsugami Corporation published this content on 12 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 July 2024 04:06:03 UTC.