NGK Insulators to dispose of treasury shares

NGK Insulators announced the disposal of 124,000 treasury shares to its directors and corporate officers as part of a restricted stock compensation plan. Valued at JPY 1,816.5 per share, the total disposal amounts to JPY 225,246,000. The aim of this plan is to enhance the alignment of management's interests with shareholders and improve long-term corporate value. The shares are subject to transfer restrictions until resignation from designated positions within the company. The allotment is scheduled for August 6, 2025. Nomura Securities will manage the allotted shares in dedicated accounts, and the company will acquire shares without compensation if allottees violate regulations.