Tokyo Energy & Systems Completes Restricted Share Disposition

TOKYO, Jul 24 (Pulse News Wire) – Tokyo Energy & Systems Inc. (1945.T) completed the payment procedures for the restricted share disposition as part of its equity compensation program .

The decision was made during the board meeting held on June 26, 2026. Details of the share disposition include: - Type of shares: Ordinary shares of Tokyo Energy & Systems Inc.

- Number of shares: 19,600 - Price per share: July 24, 2026 yen - Total amount: June 26, 2026 yen - Recipients: Two directors (excluding outside directors and audit committee members) and seven executive officers - Number of shares distributed: 8,100 shares to directors and 11,500 shares to executive officers - Distribution date: July 24, 2026 For more detailed information, refer to the notice released on June 26, 2026, regarding the restricted share disposition.