January 21, 2022

To all persons concerned:

NPC Incorporated

1-7-15Higashi-ueno,Taito-ku

Tokyo 110-0015, Japan

Announcement of Completion of Payment for Disposition of Treasury Stock

as Restricted Stock Remuneration

NPC Incorporated ("the Company") hereby announces that the Company has completed the payment for disposition of treasury stock as restricted stock remuneration, resolved at the Director's Board of Meeting held on December 24, 2021. Please refer to "Announcement of Disposition of Treasury Stock as Restricted Stock Remuneration" dated December 24, 2021 for the details.

Descriptions

Summary of Disposition

(1)

Date of disposition

January 21, 2022

(2)

Class and number of shares to be disposed of

Common stock of the Company 31,438 shares

(3)

Disposition price

563 Yen per share

(4)

Total disposition value

17,699,594 Yen

(5)

Recipients of the shares, the number thereof, and

3 Directors of the Company (excluding outside

shares to be disposed of

directors) 31,438 shares

END

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Disclaimer

NPC Inc. published this content on 21 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2022 06:21:04 UTC.