Toto Ltd TSE:5332

TOTO : Notice Regarding Completion of Payment for Disposal of Treasury Shares as Restricted Share Compensation

Published

Source: MarketScreener

July 21, 2022

To Whom It May Concern:

Listed Company Name

TOTO LTD.

Representative

Noriaki Kiyota

Code No.

President, Representative Director

5332

(Prime Market of Tokyo Stock Exchange,

Premier Market of Nagoya Stock Exchange,

Contact Person

Fukuoka Stock Exchange)

Yasuo Hirai,

General Manager, Management Planning Dept.

(TEL: +81-3-6836-2024)

Notice Regarding Completion of Payment for Disposal of Treasury Shares as

Restricted Share Compensation

Regarding disposal of treasury shares as restricted share compensation, which was resolved at the Board of Directors Meeting held on June 24, 2022, TOTO LTD. (the "Company") has completed the payment procedure today as described below. For details of this disposal, please refer to the "Notice Regarding Disposal of Treasury Shares as Restricted Share Compensation" issued on June 24, 2022.

Overview of the Disposal of Treasury Shares

(1)

Class and number of shares

25,700 common shares of the Company

for disposal

(2)

Disposal value

4,290 yen per share

(3)

Total disposal value

110,253,000 yen

(4)

Allottees and number

Directors of the Company (excluding Directors who are Audit and

thereof, and number of

Supervisory Committee Members and Outside Directors), 9 persons,

shares for disposal

25,700 shares

(5)

Date of payment

July 21, 2022

End of document

This notice has been translated from the original notice in Japanese.

In the event of any discrepancy, the original in Japanese shall prevail.