August 16, 2021

Toray Industries, Inc.

Notice Regarding Determination of Terms and Conditions for the Issuance of Stock

Compensation-Type Stock Options (Stock Acquisition Rights)

Toray Industries, Inc. ("the Company", hereinafter) announces today that the Company has determined on the remaining terms and conditions for the issuance of Stock Acquisition Rights to its vice presidents Members of the Board, vice presidents, executive fellow and directors decided at its meeting of the Board of Directors held on July 21, 2021. Details are as follows:

  1. Maximum Number of Stock Acquisition Rights: 578
  2. Issue Price of Stock Acquisition Rights: 686,000 yen for one Stock Acquisition Right (686 yen per share) Note that the said amount to be paid for the Stock Acquisition Rights shall be set off by the corresponding amount of the remuneration claims, against the Company, of the persons who receive the allotment of Stock Acquisition Rights.
  3. Allottees of the Allotment of Stock Acquisition Rights,

and the Number of Persons

and the Number of Stock Acquisition Rights to be Allotted:

Allottees

Number of

Number of Stock Acquisition

Allottees

Rights to be Allotted

The Company's Vice Presidents

8

152

Members of the Board

The Company's Vice Presidents,

20

251

Executive Fellow

The Company's Directors

39

175

Total

67

578

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Toray Industries Inc. published this content on 16 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2021 09:11:11 UTC.