WOWOW INC. (the "Company") announces that the payment procedures relating to the disposal of treasury shares as restricted stock compensation, as resolved at its Board of Directors meeting on June 19, 2025, were completed today as outlined below. For further details of this matter, please refer to "Notice Concerning Disposal of Treasury Shares as Restricted Stock Compensation." issued on June 19, 2025.
Overview of disposal of treasury shares
| （1）Number and class of shares for disposal | 74,377 common shares of the Company |
| （2）Disposal price | 1,011 yen per share |
| （3）Total value of disposal | 75,195,147 yen |
| （4）Disposal recipients, number of recipients, and number of shares for disposal | 4 Board Directors of the Company (excluding Outside Board Directors and Board Directors who are Audit & Supervisory Committee Members): 41,789 shares 5 Executive Officers of the Company who do not concurrently serve as Board Directors : 20,027 shares 6 Corporate Officers of the Comapny who do not concurrently serve as Board Directors : 12,561 shares |
| （5）Disposal date | July 18, 2025 |
End
| Note : This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. |