FUJI SEAL International TO ISSUE RESTRICTED STOCK AWARDS ON JUL 21

TOKYO, Jun 24 (Pulse News Wire) – Fuji Seal International,inc. (7864.T) announced that its board of directors resolved on June 24 to issue restricted stock awards totaling 57,500 shares of common stock to 12 executives and 10 subsidiary directors on July 21.

Each share will be valued at ¥2,815. The total value of the issuance is ¥161.9 million. The restricted stock awards are part of the company's long-term incentive program aimed at aligning economic interests with shareholders and enhancing group enterprise value.

Executives and subsidiary directors will hold these shares subject to restrictions until July 20, 2056, or July 20, 2031, for some overseas-based recipients. Under the agreement, the shares will be released from restrictions upon continuous service as directors, officers, or auditors through the next scheduled general meeting of shareholders. In case of early termination due to reasons deemed valid by the board, such as term expiration, a portion of the shares will remain restricted based on the duration of service.