Maruha Nichiro : Notice Regarding the Postponement of the Introduction of the Performance-linked Stock Compensation Plan

		August 8, 2022
Company name:	Maruha Nichiro Corporation
Stock exchange listing:	Tokyo Stock Exchange, Prime Market
Stock code:	1333	URL https://www.maruha-nichiro.com/
Representative:
Title:	President
Name:	Masaru Ikemi
Inquiries:	Hiroyuki Metoki
	Acting General Manager of Corporate Planning Department
Phone:	[phone]

Notice Regarding the Postponement of the Introduction of

the Performance-linked Stock Compensation Plan

Maruha Nichiro Corporation (hereinafter referred to as "the Company") has decided to introduce a performance-based stock compensation plan, the "Stock Benefit Trust (BBT = Board Benefit Trust)" (hereinafter referred to as the "Plan") pursuant to the resolution at the 78th Ordinary General Meeting of Shareholders held on June 28, 2022. However, due to various circumstances, the Company has decided to make the following changes to the date of the execution and postpone the introduction of the Plan.

1. Change to the contract date, etc. of the trust agreement for the Plan Summary of the Trust

1)	Name	Board Benefit Trust
2)	Entrustor	The Company
3)	Trustee	Mizuho Trust & Banking Co., Ltd.
		(Re-trustee: Custody Bank of Japan, Ltd.)
4)	Beneficiaries	Retired directors (excluding outside directors
		and domestic nonresidents) and executive
		officers (excluding domestic nonresidents) who
		meet the requirements for beneficiaries as
		stipulated in the Directors' and Corporate
		Auditors' Share Benefit Regulations.
5)	Trust Administrator	A third party that has no conflict of interest with
		the Company is to be selected
6)	Type of Trust	Money held in trust other than in the form of a
		monetary trust (third party beneficiary trust)
7)	Date of execution of the trust agreement	(Before change) August 2022 (scheduled)
		(After change) To be determined
8)	Date on which funds are entrusted	(Before change) August 2022 (scheduled)
		(After change) To be determined
9)	Period of the Trust	(Before change) From August 2022 (scheduled)
		until the termination of the Trust. (No specific
		termination date is set, and the Trust will
		continue as long as the Plan continues.)
		(After change) To be determined

2. Future Schedule

As this matter is regarding only to the planned date of the trust agreement, there will be no change in the policy itself or details of the plan other than the above. At this time, the date after the change has not yet been determined, but we will promptly announce the date of the trust agreement and other details once they are finalized.