Translation

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

August, 11, 2021

To whom it may concern,

Company name:

JSR Corporation

Representative:

Eric Johnson, Representative Director, CEO

(Code #4185, Tokyo Stock Exchange)

Inquiries to:

Yoshiko Takeda, General Manager

Corporate Communications Dept.

TEL: (03)6218-3517 (Japan)

+81-3-6218-3517 (from abroad)

Notice of Completion of Disposal of Treasury Stock as Reward for Shares with Restriction on Transfer

JSR Corporation announces that the disposal of treasury stock as reward for shares with restriction on transfer, decided at the meeting of its Board of Directors' meeting held on July 12, 2021, was completed on August 11, 2021 as follows.

1.Overview of Disposition

(1)

Date of disposition

August 11, 2021

(2)

Class and number of shares to be disposed

144,900 shares of our company common stock

(3)

Disposal value

3,485 yen per share

(4)

Total amount of disposal

504,976,500 yen

The persons to whom the shares shall be

Directors (excluding outside directors)

allotted, the number of such persons, and the

5 persons, total of 76,600 shares

(5)

number of shares to be allotted

Executive officers

21 persons, total of 46,900 shares

Officers of certain subsidiaries

4 persons, total of 21,400 shares

With respect to the disposal of treasury stock, a securities registration

(6)

Other

statement has been submitted pursuant to the Financial Instruments

and Exchange Act.

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JSR Corporation published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 06:05:11 UTC.