Notice of Completion of Payment Regarding the Disposal of Treasury Stock to Employee Stockholding Association Using Restricted Stock and Partial Forfeiture

USHIO INC. (Prime 6925) announces that the Stockholding Association of USHIO INC. (hereinafter, the "Association") has completed today (August 30, 2024) its payment procedures regarding the disposal of treasury stock using restricted stock (hereinafter, the "Treasury Stock Disposal") that was resolved at a meeting of the Board of Directors of USHIO INC. held on May 14, 2024, and that due to partial forfeiture there have been changes to the initially planned number of shares to be disposed of, etc. For the details of the Treasury Stock Disposal, please refer to our press release titled "Notice Regarding Disposal of Treasury Stock to Employee Stockholding Association Using Restricted Stock" dated May 14, 2024, "Notice Regarding Correction of USHIO INC.'S Press Release dated May 14, 2024" dated May 22, 2024 and "Notice Regarding Determination of Disposal Price for Disposal of Treasury Stock to Employee Stockholding Association Using Restricted Stock" dated May 22, 2024.

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