Oriental Land sells treasury stock to management trust for long-term strategy

Oriental Land Co., Ltd. resolved to dispose of 275,000 shares of common stock at a price of ¥3,528 per share, totaling ¥970,200,000, through a third-party allotment. This disposition, effective September 11, 2025, is linked to an additional contribution to a stock provision trust (J-ESOP) for 573 members of the company's and its subsidiaries' management. The formal allottee is the Custody Bank of Japan, Ltd. (Trust Account E), acting as re-trustee.

The move aims to enhance management participation in the company's "2035 Long-Term Management Strategy," adopted in April 2025. The disposition price was set at the closing price on the trading day immediately preceding the Board of Directors' resolution and was deemed reasonable, representing a 106.11% premium over the one-month average.

The 275,000 shares represent 0.02% of the total shares outstanding as of March 31, 2025. This disposition does not require independent third-party opinions or shareholder consent, as the dilution is less than 25% and there are no changes to controlling shareholders.