THE Tohoku BANK Tohoku Bank Completes Restricted Share Disposal Following June Board Resolution

TOKYO, Jul 24 (Pulse News Wire) – THE Tohoku Bank,ltd. (8349.T) completed the disposal of restricted shares as part of share-based compensation.

The resolution was made during the board meeting held on June 24, 2026. Details of the transaction are outlined below: (1) Type and number of shares disposed: Ordinary shares of Tohoku Bank, totaling 5,400. (2) Price per share: ¥1,399.

(3) Total amount of disposal: ¥7.6 million. (4) Recipients and quantity of shares: Five non-executive directors and seven executive officers received a total of 1,400 shares. (5) Payment completion date: July 24, 2026.

This transaction aligns with the bank's strategy to manage employee incentives through equity participation while adhering to regulatory requirements.