Bridgestone Corporation
IR Department
1-1, Kyobashi 3-chome
Chuo-ku, Tokyo 104-8340, Japan
Phone: +81 3-6836-3100
Fax: +81 3-6836-3168
https://www.bridgestone.com/

This document has been translated for reference only from the original Japanese-language
document. If there are any differences or discrepancies between the original Japanese-language
and this English translation, the original Japanese-language supersedes this English translation.

Notice Concerning Introduction of Performance-Based Stock
Compensation for Sustainability
Tokyo (March 23, 2022) - Bridgestone Corporation (the “Company”) has announced that theCompensation Committee reviewed the performance-based stock compensation under theexecutive compensation plan and resolved to introduce Restricted Stock Units (the "Plan") as a newscheme within medium-to long-term incentives.

1. Purpose of Introduction of the Plan
The introduction of the Plan is intended to support the realization of sustainability and long-termbusiness strategies and to further promote management execution from a shareholder
perspective by providing shares directly as remuneration while in office, and this Plan isintroduced as a part of 50% of the medium-to long-term incentives for our Executive Officers(including those who concurrently serve as Member of the Board; hereinafter referred to as"Recipients").
2. Outline of the Plan
The Company will provide the stock compensation and cash compensation to the Recipients, inaccordance with the evaluation (non-financial evaluation of 0% to 120% of the qualitative target
discussed and determined by the Compensation Committee) of the important items related tosustainability and transformation promotion for a certain period (hereinafter referred to as the"Evaluation Period"). In consideration of the amount of the income tax, etc. imposed on theRecipients, the Shares and the money provided will each be 50 percent of the entirety of theassets to be granted to the Recipients under the Plan. The Company will provide the monetarycompensation receivables on the delivery date to the Recipients as the compensation to beallotted for the payment of the Shares to be delivered to the Recipients under the Plan. For thepurpose of enhancing corporate value and shareholder value from a long-term perspective, thetransfer restriction period is from the date of stock grant to the retirement of the Executive Officer
subject to the grant, and the termination of the transfer restriction is the following day.
3. Formulas of Individual Number of Deliverable Shares and Individual Amount of Cash Payment(1) Individual Number of Deliverable Shares
Base Remuneration
by Position

×

Achievement
Rate(Sustainability Evaluation)

×50％

÷

Company’s
share price*1

(2) Individual Amount of Cash Payment
Base Remuneration
×by Position

AchievementRate

× 50％ ÷(Sustainability Evaluation)

Company’s
share price*1

×Market value at the timeof termination of thetransfer restriction*2*1 Company’s share price The average closing price of our common stock on the Tokyo Stock Exchange forthe month before the resolution of our Board of Directors of the Company at which
the issuance of the new Shares or the disposal of the Company’s treasury sharesfor delivery of the Shares under the Plan is resolved after the Evaluation Period.
*2 Market value at the time of termination of the transfer restriction
 The closing price of our common stock on the Tokyo Stock Exchange on the date ofretirement (the day before the termination of transfer restriction).
4. Other items of the Plan
(1) Evaluation Period
The evaluation period for fiscal 2022 is one year from the start date of fiscal 2022.
(2) Time of delivery
Delivery of shares to the Recipients subject to the issuance of shares shall be made after thecompletion of the Evaluation Period, and the payment of money shall be made at the time oftermination of the transfer restriction.
(3) Method of delivery
Stock compensation will be provided in the way of issuing new shares or disposing theCompany’s treasury shares.

About Bridgestone Corporation:
Bridgestone is a global leader in tires and rubber building on its expertise to provide solutions for safe
and sustainable mobility. Headquartered in Tokyo, the company employs approximately 140,000
people globally and conducts business in more than 150 countries and territories worldwide.
Bridgestone offers a diverse product portfolio of premium tires and advanced solutions backed byinnovative technologies, improving the way people around the world move, live, work and play.

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