Ajinomoto Co. Ajinomoto to Sell Treasury Shares Worth \(NUM_1\) on Aug 25

TOKYO, Jul 30 (Pulse News Wire) – Ajinomoto Co.,inc. (2802.T) announced on July 30 that it will sell treasury shares worth \(¥4.158 billion\).

The sale, which was approved during a board meeting held on July 30, involves selling \(751,000\) ordinary shares at \(¥5,536\) per share on August 25 to Mitsubishi UFJ Trust and Banking Corporation (Role Compensation BIP Trust Account). This action is part of the company's ongoing mid-term performance-linked stock compensation system for executives, aimed at aligning executive remuneration more closely with company performance and shareholder value. The diluted share count resulting from this transaction represents less than \(0.08%\) of the total outstanding shares, based on the number of voting rights as of March 31, 2026 (\(9,585,189\) votes).

The price for the treasury shares was determined based on the average closing price of Ajinomoto’s shares on the Tokyo Stock Exchange Prime Market over the month leading up to the board resolution date, specifically from June 30 to July 29, 2026. This method ensures fair consideration for existing shareholders while reflecting recent market conditions. In addition, the modified compensation plan includes performance metrics such as return on invested capital (ROIC), relative TSR compared to TOPIX, greenhouse gas emission reduction rates, extension of healthy life expectancy, intangible asset enhancement scores, and corporate brand value growth.

The evaluation period spans three fiscal years from April 1, 2026, to March 31, 2029.