Notice Regarding the Introduction of a Shareholder Benefit Program

Note: This English document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the Japanese original shall prevail.
Tosei Corporation assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

To whom it may concern

October 7, 2019

Tosei Corporation
Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo
President and CEO: Seiichiro Yamaguchi
Securities code: 8923 (Tokyo Stock Exchange, First Section)
Securities code:S2D (Singapore Exchange, Mainboard)
Contact: Noboru Hirano, Director and CFO
TEL: +81-3-3435-2864

Notice Regarding the Introduction of a Shareholder Benefit Program

 Tosei Corporation (the “Company”) hereby announces that it resolved to introduce a shareholder benefit program at a meeting of its Board of Directors held on October 7, 2019 as follows:

  1. 1.Purpose of introducing the shareholder benefit program
  2. The Company will introduce the shareholder benefit program for the purpose of expressing appreciation for shareholders’ continuous support and increasing the investment appeal of its shares so that a greater number of people will hold the shares in the medium to long term.
  3. 2.Overview of the shareholder benefit program

    (1)    Shareholders eligible for the program
    Shareholders eligible for the program are those holding at least one trading unit (100 shares) of the Company’s shares as of the record date November 30 of each fiscal year.
    (2)    Details of the shareholder benefit program
    The Company’s original QUO CARD, equivalent to 1,000 yen, shall be presented once a year.
    Note: Shareholders of shares listed on the Singapore Exchange market shall receive once a year a gift certificate (CapitaVoucher) equivalent to 1,000 yen, valid in Singapore.
    (3)    Delivery period
    The benefits are scheduled to be dispatched in late February of each year.

  4. 3.Commencing record date
  5. Shareholders eligible for the program are those stated or recorded in the shareholder registry as of November 30, 2019.
  6. End