Nippon Soda disposes of treasury shares for executive remuneration

Nippon Soda Co., Ltd. announced today its decision to dispose of 10,676 treasury shares as restricted share remuneration for its directors and executive officers. The move, approved by the Board of Directors, aims to align executive incentives with shareholder value and boost the company's long-term performance. The disposal, scheduled for July 25, 2025, involves the issuance of shares at JPY3,145 per share, totaling JPY33,576,020. The shares are allocated to four directors (6,866 shares) and ten executive officers (3,810 shares). The transfer of these shares will be restricted until the recipient retires or resigns from their position, in line with the company's restricted share remuneration system introduced in 2022.