【Toyo Polymer】Resolution to Dispose of Treasury Stock for Employee Shareholding Association | May 14, 2026

Overview of the Disposal

Toyo Polymer has decided at its Board of Directors meeting held on May 14, 2026, to allocate up to 286,560 shares of treasury stock to its Employee Shareholding Association, with disposal scheduled for December 1, 2026. The disposal price is set at 2,433 yen per share, totaling approximately 69.72 million yen. The purpose of this disposal is to support employees’ asset formation and enhance their participation in management. The allocated shares will have transfer restrictions applied, and after a certain period, they will be acquired by the company free of charge. The maximum scale of the disposal and potential dilution of shares are limited, serving as measures to enhance shareholder value.

Objectives and Future Outlook

This program aims to increase employees' awareness of participating in management and to improve corporate value. The maximum number of allocated shares represents approximately 0.53% of total issued shares, with limited dilution impact expected. The company will continue to promote initiatives that motivate employees and support sustainable growth.