Shinmaywa Industries Completes Restricted Share Distribution

TOKYO, Jul 24 (Pulse News Wire) – Shinmaywa Industries,ltd. (7224.T) completed the payment process for restricted share distributions as part of its stock compensation program.

The resolution was made during the board meeting held on June 25, 2026. Details of the distribution are outlined below: (1) Type and Number of Shares Distributed: Ordinary shares totaling 39,474 (2) Price per Share: ¥2,047 per share (3) Total Amount Paid: ¥80.8 million (4) Recipients: - Non-executive directors who also serve as executive officers: 16 individuals receiving 16,671 shares - Company council members: 15 individuals receiving 7,335 shares - Directors of group companies: 7 individuals receiving 6,063 shares (5) Distribution Date: July 24, 2026 This completes the restricted share distribution process as previously disclosed on June 25, 2026.