Ferrotec : Notice of Completion of Payment for New Shares Based on Restricted Stock Units (RSUs) picture_as

News Release: Ferrotec Holdings Corporation (6890 TSE Standard)

May 10, 2024

Notice of Completion of Payment for New Shares Based on Restricted Stock Units (RSUs)

Ferrotec Holdings Corporation (Representative Director: He Xian Han; hereinafter "the Company") announces that the Company has completed the payment for new shares based on restricted stock units (RSUs) that were provided through the remuneration system with shares to be issued after some conditions are satisfied, which was resolved at the meeting of Board of Directors held on April 16, 2024. Details are as follows.

1. Overviewof the new share issuance

1. Payment date
2. Type and number of shares
   issued

(3)	Issue price

1. Total amount of the issue

(5)Allottees

2. Note

May 10, 2024

6,382 common shares of the Company

2,975 yen per share

18,986,450 yen

7 employees of the Company's subsidiary located outside Japan

Regarding the details of this matter, please refer to "Notice of the Issuance of New Shares Based on Restricted Stock Units (RSUs)" dated April 16, 2024.