Tokushu Tokai Paper Completes Restricted Share Distribution

TOKYO, Jul 24 (Pulse News Wire) – Tokushu Tokai Paper CO.,LTD. (3708.T) completed the distribution of restricted shares as part of its share-based compensation program.

The resolution was made during the board meeting held on June 26, 2026. Details of the distribution include: - Payment Date: July 24, 2026 - Type of Shares: Ordinary shares - Number of Shares Distributed: 38,600 - Price per Share: ¥1,812 - Total Amount: ¥69.9 million The shares were distributed to four directors and eleven executive officers of the company, as well as eighteen directors of affiliated subsidiaries.

Notably, external directors and audit committee members were excluded from the distribution. This completes the key points of the share distribution plan previously outlined in the notice dated June 26, 2026.