Shochiku disposes of treasury shares for executive remuneration

** Shochiku (TSE:9601) announced today that it will dispose of 3,592 of its treasury shares as restricted share-based compensation to five directors and eight executive officers. The disposal, priced at JPY 13,430 per share, values the total transaction at JPY 48,240,560. The decision, finalized at a Board of Directors meeting, is part of a broader plan introduced in April 2022, and aims to align the interests of executives with shareholders by incentivizing continuous enhancement of corporate value. Allotted shares will be subject to transfer restrictions until the executives resign from their positions. The due date of payment for these shares is June 27, 2025. The price of JPY 13,430 mirrors the company's stock closing price on the Tokyo Stock Exchange on May 26, 2025.