Toagosei Completes Restricted Share Issuance to Executives

TOKYO, May 20 (Pulse News Wire) – Toagosei CO.,LTD. (4045.T) completed the issuance of restricted shares to its executives as part of a share-based compensation plan approved during the April 20, 2026 board meeting.

The transaction involved the issuance of ordinary shares totaling 76,020. Each share was priced at ¥1,802, resulting in a total value of ¥137.0 million.

The shares were distributed among four directors, one senior executive officer, sixteen executive officers, two fellows, and three subsidiary executives. Specifically, the distribution included: - Four directors received 17,000 shares, - One senior executive officer received 3,100 shares, - Sixteen executive officers received 43,920 shares, - Two fellows received 4,800 shares, - Two subsidiary directors received 4,800 shares, - One subsidiary executive officer received 2,400 shares.