July 28, 2023

Company name: Arisawa Mfg. Co., Ltd.

Representative: Yuta Arisawa, Representative Director and CEO (Securities code: 5208, TSE Prime Market)

Contact: Takeshi Masuda, Director and Senior Managing Operating Officer

(TEL: +81-25-524-7101)

Notice Regarding Completion of Payment for Disposal of Treasury Stock

as Restricted Stock Compensation

Arisawa Mfg. Co., Ltd. ("the Company") hereby announces as follows that payment for the disposal of its treasury stock as restricted stock compensation has been completed today, which was resolved at the meeting of the Board of Directors held on June 29, 2023. For details of this matter, please refer to "Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation" announced on June 29, 2023.

Overview of the Disposal of Treasury Stock

(1)

Class and number of share to be

41,477 shares of common stock of the Company

disposed

(2)

Disposal price

1,109 yen per share

(3)

Total value of share disposal

45,997,993 yen

(4)

Grantees of shares and number thereof;

The Company's directors (excluding outside directors):

number of shares to be allotted

4 directors, 41,477 shares

(5)

Disposal date

July 28, 2023

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Disclaimer

Arisawa Mfg Co. Ltd. published this content on 01 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2023 08:43:09 UTC.