Chugai Pharmaceutical Co., Ltd. (hereafter the 'Company') hereby announces that the Company has resolved at the meeting of the Board of Directors held today, the stock split and partial amendment to the articles of incorporation.

Purpose of the stock split

The stock split aims to reduce the investment unit price for the Company's stock, increase the liquidity of the stocks, and to further expand the investor base.

Outline of the stock split

Method

Fixing Tuesday, June 30, 2020 as a record date, the Company will split its ordinary share owned by shareholders listed or recorded in the shareholder registry three-for-one.

Contact:

Tomoko Shimizu

Tel: +81-3-3273-0881

Email: pr@chugai-pharm.co.jp

(C) 2020 Electronic News Publishing, source ENP Newswire