Aisin to dispose treasury stock as restricted stock compensation

** Aisin Corporation announced that its Board of Directors has decided to dispose of treasury stock to eligible directors and senior executives as part of its restricted stock compensation plan. The disposal, scheduled for June 18, 2025, involves 230,349 shares of the company's common stock at a price of JPY1,821.5 per share, totaling JPY419,580,699. These shares will be allocated to four directors (excluding outside directors) with 96,622 shares, eight senior executive officers who don't serve as directors with 79,491 shares, and fourteen executive officers with 54,236 shares. The restricted stock allotment agreement includes a transfer restriction period lasting 30 years, from June 18, 2025, to June 17, 2055. The disposal aims to align the interests of management with shareholders and incentivize long-term value creation. The company will manage the allotted shares, with specific provisions for retirement, organizational restructuring, and potential buybacks.