Nichirei Nichi-Rei Completes Subscription for Restricted Share Awards

TOKYO, Jul 23 (Pulse News Wire) – Nichirei Corporation (2871.T) completed the subscription process for restricted share awards. The issuance was approved during the board meeting held on June 24, 2026.

Details of the new share issuance include: - Type of shares: Ordinary shares - Number of shares: 51,084 - Issue price per share: ¥2,104 - Total issue amount: ¥107.5 million The shares are allocated to six directors (excluding outside directors) and five executive officers who do not concurrently hold director positions. The payment deadline for the subscription was set.

For more detailed information, please refer to the press release dated June 24, 2026, titled "Notice Regarding Issuance of Restricted Share Awards." --- This issuance marks a significant step in Nichi-Rei's compensation strategy, aligning executive interests with shareholder value through long-term equity incentives. The completion of the subscription process ensures that the awarded shares will now be subject to vesting conditions, enhancing governance and performance alignment within the organization.