Share Incentives Through Disposal of Treasury Shares to the Employee Stock Ownership Plan

「Status of treasury shares disposed of and held during the fiscal year Other　127,821　331,581,116 During the fiscal year, treasury shares were disposed of or transferred in connection with the exercise of stock acquisition rights, the disposal of treasury shares to the employee stock ownership plan by way of a third-party allotment, and requests for the sale of fractional shares. Shares granted to the employee stock ownership plan　90,202 shares」

「At a Board of Directors meeting held on 4 August 2023, the Company resolved to grant shares to employees of the Company and its subsidiaries through ニッコンホールディングス従業員持株会, the Group's employee stock ownership plan. It also resolved to dispose of treasury shares by way of a third-party allotment, with the stock ownership plan as the intended allottee, as set out below: payment date, 13 December 2023; class and number of shares to be disposed of, 173,754 shares of the Company's common stock; disposal price, ¥3,108 per share; total disposal amount, ¥540,027,432. To encourage employees to contribute to enhancing corporate value, the Company decided to grant its common stock to members of the stock ownership plan as a special incentive payment, with the aim of encouraging further enrollment in the plan.」