Kewpie Mayonnaise <2915> announced that the payment procedure for the disposal of treasury stock as restricted stock compensation, which was resolved at the board of directors' meeting held on July 22, 2024, has been completed.

The disposal date is August 21, 2024. The type of stock disposed is common stock of the company, with a disposal price of 2,179 yen per share. The total amount of the disposal price is 29,584,283 yen, and the recipients of the disposal are 6 directors of the company (excluding outside directors). The number of shares disposed is 13,577 shares.