To whom it may concern,

July 12, 2022

Company name:

Keihanshin Building Co., Ltd.

Representative:

Tsuneo Wakabayashi, President

Code No.:

8818 TSE Prime

Contact:

Junichi Tada,

Managing Executive Officer

responsible for Administration

(TEL: 06-6202-7333)

Notice Concerning the Completion of Payment

on the Disposal of Treasury Shares as Restricted Stock Compensation

Keihanshin Building Co., Ltd. (the "Company") hereby announces that it has today completed payment on the disposal of treasury shares as restricted stock compensation that was resolved at the Company's Board of Directors meeting held on June 21, 2022, as detailed below. Please refer to the "Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation" dated June 21, 2022 for details.

Overview of the disposal of treasury shares

(1)

Payment date

July 12, 2022

(2)

Class and number of

Shares of the Company's common stock: 59,500 shares

shares to be disposed of

(3)

Disposal price

1,238 yen per share

(4)

Total disposal price

73,661,000 yen

(5)

Recipients

Directors of the Company*:

3 persons; 27,000 shares

*Excluding Outside Directors

Executive Officers of the Company: 7 persons; 32,500 shares

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Disclaimer

Keihanshin Building Co. Ltd. published this content on 25 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2022 08:03:10 UTC.