[Nippon Steel Solutions] Decision to Dispose of Treasury Stock for Directors｜July 17, 2026

Overview of the Disposal

Nippon Steel Solutions has resolved to dispose of 11,936 shares of treasury stock as restricted stock units to directors and executive officers at a price of ¥37,872,928. The disposal date is July 17, 2026, and the purpose of the system is to incentivize directors and promote sustainable enhancement of corporate value. The disposal price per share is ¥3,173, based on the market stock price. Details of the system include restrictions on transfer and provisions for free acquisition, designed to align with directors' responsibilities and system operations.

Background and Future Outlook of the System

This system was introduced based on resolutions at the Board of Directors in 2022 and 2025, and is implemented as part of the directors' stock compensation scheme. The disposed shares remain subject to transfer restrictions as long as certain conditions are met, such as continued employment, and restrictions are lifted after a certain period. This approach is intended to encourage long-term commitment to enhancing corporate value and maximizing shareholder value.