Bridgestone CorporationIR 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 of Disposal of Treasury Stock as Performance Share Unit Plan
Tokyo (March 23, 2022) - Bridgestone Corporation (the “Company”) has announced that at themeeting of our Board of Directors held on March 23, 2022, it resolved to dispose of treasury stock
as stock compensation (hereinafter referred to as "disposal of treasury stock") as follows.

1.

2.

Outline of the Disposition(1)
Disposal period

May 9 to June 1, 2022

(2)

Class and number ofshares to be disposed

71,200 shares of our common stock(3)

Disposal price

5,052 yen per share(4)

Total disposal(5)

To be disposed of(6)Others359,702,400 yen
5 Executive Officers
44 Vice President and Senior Officers, and Senior
management level Directors
Treasury Shares shall be subject to the entry into forceof the Securities Registration Statement in accordancewith the Financial Instruments and Exchange Law.

Purpose and Grounds for the Disposition
We have introduced a performance share unit plan (the "Plan") as a performance-based stockcompensation plan to further promote the sharing of risks and benefits of stock price linkage
with shareholders by having Executive Officers, Vice President and Senior Officers, and Senior
management level Directors (Vice President and Officer prior to the abolishment of the Executive
Officer System on January 1, 2021) further enhance their motivation and willingness to contributeto the achievement of medium-term performance targets and the enhancement of corporate
value over the long term, and by directly issuing shares as compensation during their tenure.
Today, the Board of Directors of the Company resolved to pay a total of 359,702,400 yen inmonetary compensation claims to 5 Executive Officers and 44 Vice President and Senior Officers,and Senior management level Directors (the "grantees") to be allocated as performance-linked
stock compensation related to the Plan, and to issue 71,200 shares of the Company's stock to thegrantees through the payment of all of such monetary compensation claims in kind by thegrantees.

3.

Outline of the Plan and Details of the Payment(1) Payment of share-based compensation under the Plan
As compensation for the execution of duties in the "Compensation Period" stipulated in thefollowing item, we will grant our shares and pay money to the grantees in accordance with thepayment rate that takes into account the degree to which our performance has been achieved
during the "Performance Evaluation Period" stipulated in the following item. The delivery ofshares and the payment ratio of money shall be 50%, respectively, in consideration of theamount of income tax, etc. borne by the grantees.
(2) Compensation Period and Performance Evaluation Period
The Compensation Period is from March 22, 2019 to March 23, 2022 and the Performance
Evaluation Period is from January 1, 2019 to December 31, 2021.
(3) Others
The number of our shares to be delivered and the amount of money to be paid to each grantee,
the conditions for the delivery of our shares and the payment of money and the forfeiture ofrights related to the Plan, the treatment in the event of a stock split or reverse stock split after
the beginning of the Compensation Period, and other details of this Plan have been stipulated
in our Performance-linked Share Compensation Management Guidelines.

4.

Basis for Calculating the Amount to be Paid and the Specific Contents Thereof
The disposal price for this treasury stock is set at 5,052 yen, which is the average closing price ofour common stock on the Tokyo Stock Exchange for the month before the resolution of our Boardof Directors meeting, in order to eliminate arbitrary, and we believe that this does not constitutea particularly favorable value for the grantees.

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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