TOPPAN Holdings Announces Stock Distribution under Employee Stock Ownership Plan (ESOP)

TOPPAN Holdings Inc. (Head office: Bunkyo-ku, Tokyo; President and COO: Satoshi Oya; hereinafter TOPPAN Holdings) has announced that, following the achievement of prescribed performance conditions for the Employee Stock Ownership Plan (ESOP) announced on November 13, 2023, it will distribute 1,885,600 shares of TOPPAN Holdings stock held by the ESOP trust to eligible full-time employees of TOPPAN Holdings and its subsidiary, TOPPAN Inc. (hereinafter, eligible employees).

■ Overview and Purpose of the Program

This program is an employee incentive plan modeled after the US Employee Stock Ownership Plan (ESOP). It distributes TOPPAN Holdings shares acquired by the ESOP trust and cash equivalent to the value of proceeds from disposal to eligible employees who meet certain requirements.

Eligible employees can receive economic benefits from the increase in the share price of the company's stock. By introducing this program, the company aims to further heighten employees' interest in stock prices and their commitment to long-term enterprise value improvement, while also encouraging more motivated work and contributing to the cultivation of greater group engagement.

Furthermore, the mid-term business plan announced on May 14, 2026, sets the goal of "True Value Transformation - Polishing Businesses, Human Resources, and Capital to Provide True Value to the World." To achieve this, it is crucial for every employee to take ownership of long-term enterprise value improvement and translate it into action. Through this program, by distributing shares based on individual evaluations during the target period, the company will support the transformation of employee awareness and behavior, as well as the improvement of engagement.

The TOPPAN Group, under the group purpose "Breathing life into culture, with technology and heart," has established a "Multi-Stakeholder Policy" regarding the construction of relationships with diverse stakeholders such as employees, business partners, and local communities, in order to realize the happiness of employees, a rich life for people, and a sustainable future society. Based on this policy, the group aims to work on sustainable growth and productivity improvement, while aiming to sustainably return the profits and results generated by corporate growth to employees at appropriate times and methods, taking into account social conditions and the company's situation.

Moving forward, the TOPPAN Group will continue to promote the sophistication of human capital management, strive for the realization of a sustainable society and the improvement of enterprise value, and strengthen measures that lead to employee job satisfaction toward the realization of its new mid-term business plan.