Sanrio Co. Ltd.TSE: 8136

Notice Regarding the Completion of the Payment of the Disposal of Treasury Shares for Restricted Stock Remuneration

· Issued by Sanrio Co. Ltd.

August 10, 2022

Company Name: Sanrio Company, Ltd.

President and Chief Executive Officer: Tomokuni Tsuji

Securities Code: 8136, TSE Prime Section

Inquiries: Jiro Kishimura, Senior Managing Director

Tel.: +81-3-3779-8058

Notice Regarding the Completion of the Payment of the Disposal of Treasury Shares for

Restricted Stock Remuneration

The Sanrio Company, Ltd. ("Company") has completed the payment procedure today for the disposal of treasury shares for restricted stock remuneration, which was resolved at the board of directors meeting held on July 14, 2022. Details are as follows. For more information, please refer to the "Notice regarding the Disposal of Treasury Shares for Restricted Stock Remuneration Plan" dated July 14, 2022.

Overview of the Disposal of Treasury Shares

(1)

Disposal date

August 10, 2022

(2)

Class and number of shares

Common Shares of the Company: 50,000 shares

to be disposed

(3)

Disposal price of shares to

2,959 JPY per share

be disposed

(4)

Total disposal value

147,950,000 JPY

(5)

Recipients of disposal

Sanrio Directors (excluding Outside Directors)

5 persons

50,000 shares

Company analysis