Seino Holdings disposes treasury shares for board benefit trust

Seino Holdings announced its decision to dispose of 70,700 treasury shares through a third-party allotment to Custody Bank of Japan, Ltd., acting as the re-trustee for its Board Benefit Trust (BBT). The board of directors approved the decision on July 4, 2025. The disposal will be conducted at a price of JPY2,187.5 per share, totaling JPY154,656,250, and will benefit five of the company's directors who are not Audit and Supervisory Committee members or Outside Directors. The trust, established with Mizuho Trust & Banking, will use the disposed shares to provide stock-based compensation to directors, aligning their interests with the company's performance. In addition, the company will make an additional contribution of JPY131,656,250 to the trust. The disposal is contingent upon the effectuation of a securities registration statement.