TSUGAMI CHINA (01651) has awarded a total of 270,600 shares of bonus stock.

TSUGAMI CHINA (01651) announced that on March 6, 2026, the board of directors, based on the recommendation of the Remuneration Committee, resolved to grant a total of 270,600 shares of reward shares to 56 grantees at zero cost under the stock incentive plan. The shares are existing shares held by the trustee through the use of internal resources provided by the Company to the trustee from the secondary market, but the granting must be accepted by the grantees before it can be implemented. On March 6, 2026, the board of directors has resolved to amend the relevant rules of the plan to stipulate that the grantee has the right to receive an amount equivalent to the dividends declared by the Company on the reward shares before the ownership of the reward shares.