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 disposition of treasury stock as restricted-transfer stockcompensation to our Executive Directors and Directors
Tokyo (January 28, 2022) - Bridgestone Corporation (Bridgestone) has announced that at themeeting of our Board of Directors today, we have resolved to dispose of treasury stock (hereinafterreferred to as "treasury stock disposition") as restricted-transfer compensation as follows.

1. Outline of the Disposition(1)
Disposal period

February 28 to March 31, 2022

(2)

Class and number ofshares to be disposed

88,900 shares of our common stock(3)

Disposal price

4,915 yen per share(4)

Total disposal(5)

To be disposed of(6)Others436,943,500 yen
104 Executive Directors and Directors of ourcompanies
Treasury Shares shall be subject to the entry into forceof the Securities Registration Statement in accordancewith the Financial Instruments and Exchange Law.

2. Purpose and Grounds for the Disposition
In 2021, we introduced the Restricted Stock Compensation Plan (hereinafter referred to as the"Plan") with the aim of increasing the willingness of our Executive Directors and Directors to sharevalue with shareholders in response to stock price fluctuations and to contribute to rising stock
prices and corporate value. The Plan will continue this fiscal year.
At the meeting of our Board of Directors today, based on the Plan, we have resolved to allot
88,900 shares of our common stock as Specified Shares with Restriction on Transfer to 104
persons appointed as our Executive Directors and Directors as of January 1, 2022 and to 12
persons appointed as our Executive Directors and Directors between January 2, 2021 andDecember 31, 2021 (hereinafter referred to as "Allotted Persons"), by paying 436,943,500 yen in
total as monetary remuneration claims to the relevant employee whose allocated monetary
remuneration claims shall be fully contributed to the company by the method of contribution inkind. (Allotted Persons appointed as our Executive Directors and Directors as of January 1, 2022
include those who overlap with those assigned as our Executive Directors and Directors between
January 2, 2021 and December 31, 2021.) The amount of monetary remuneration claims payable
to each Allotted Person is determined after comprehensively considering various matters suchas the degree of contribution of each Allotted Person. In addition, such monetary remuneration
claims shall be paid on the condition that each person to whom such monetary remuneration
claims are allotted concludes with us a general agreement on the allotment of shares withrestriction of transfer (hereinafter referred to as the "Allotment Agreement") containing thefollowing details.
In order to realize the purpose of the introduction of this system in which the allotted persons
share value with shareholders in response to stock price fluctuations and increase theirwillingness to contribute to the increase in stock price and corporate value, the transfer
restriction period set forth in ①period of restriction on transfer in the 3. Overview of Allotment
Agreement below has been set respectively.
3. Overview of the Allotment Agreement① Period of restriction on transfer
Job Title
Executive Directors andDirectors(Allotted Persons who assumed
the position as of January 1,2022)
Executive Directors andDirectors(Allotted Persons who assumed
the position between January 2,2021 and December 31, 2021

Transfer Restriction Period

February 28, 2022 to December 31, 2024

February 28, 2022 to December 31, 2023

During the transfer restriction period (hereinafter referred to as the "Transfer Restriction
Period") stipulated above in accordance with the classification of the job title above, theAllotted Person may not transfer, pledge, mortgage, give in advance, testamentary gift, orany other disposition of the Shares with Restriction of Transfer (hereinafter referred to asthe "Allocated Shares") allocated to such Allotted Person to a third party (hereinafterreferred to as the "Transfer Restriction").
② Termination of Transfer Restriction
Job Title
Reasons for Termination of Transfer Restriction
Executive Directors and
The Allotted Person has been continuously in theDirectors
position of our Executive Directors and Directors(Allotted Persons who assumed during the Transfer Restriction Period, or has
the position as of January 1, resigned from our Executive Directors and2022)
Directors due to a role change prior to the
expiration of the Transfer Restriction Period.
(Provided, however, that the status shall betreated as continuing at the time of promotion
to Vice President and Senior Officers)*
Executive Directors andThe Allotted Person has been continuously in theDirectors
position of our Executive Directors and Directors(Allotted Persons who assumed during the Transfer Restriction Period, or has
the position between January 2, resigned from our Executive Directors andDirectors due to a role change prior to the2021 and December 31, 2021
expiration of the Transfer Restriction Period.
(Provided, however, that the status shall betreated as continuing at the time of promotion toVice President and Senior Officers)*However, if the Allotted Persons to our Executive Directors and Directors as of January 1,2022 has been retired from any position of our Executive Directors and Directors due to achange of role by December 31, 2022, the Transfer Restriction on the Allocated Shares of thenumber obtained by multiplying the number of months from January 2022 including the day
when the assignee lost the position of both our Executive Directors and Directors by 12 andthe number of Allocated Shares held by the assignee at that time (however, if a fraction ofless than 100 stocks arises from the calculation, it shall be rounded up) will be cancelled
immediately after the loss.
③ Acquisition without contribution
Job Title
Executive Directors andDirectors(Allotted Persons who assumed
the position as of January 1,2022)
Executive Directors andDirectors(Allotted Persons who assumed
the position between January 2,2021 and December 31, 2021

Reasons for Acquisition without Contribution
In the event any of our employees is lost due toresignation by request or other reasons during
the Transfer Restriction Period.

In the event any of our employees is lost due toresignation by request or other reasons during
the Transfer Restriction Period.

The company shall automatically acquire the Allotted Shares without contribution at thetime when such Allotted Shares fall under such Grounds for Acquisition without Contribution.
In addition, in the event that an Allotted Person who has assumed the position of Executive
Directors as of January 1, 2022 has been demoted to Directors from the date ofcommencement of the Transfer Restriction Period to December 31, 2022, the number ofcalculated number of shares shall automatically be acquired without contribution at thetime of such demotion. The calculated number should be obtained by subtracting thenumber multiplying the number of months that have served as head of Executive Directorby twelve from January 2022 by the number of the Allotted Shares minus the number ofshares allocated according to the status of Director (hereinafter referred to as the"Difference of number of Shares") from Difference of number of Shares. (Provided, however,that in the event any fraction less than 100 shares arises as a result of the calculation, suchfraction shall be rounded up.)Furthermore, in the event any of the Allocated Shares is not terminated at the time oftermination of Transfer Restriction pursuant to the provision of the reason for terminationof Transfer Restriction mentioned in ② above, we shall automatically acquire such Allotted
Shares without contribution at that time.
④ Provisions on management of shares
The Allotted Person shall complete the opening of an account with Nikko Securities SMBC
Co., Ltd., in the manner designated by the company, in which the Allocated Shares aredescribed or recorded, and shall keep and maintain the Allocated Shares in such accountuntil the Transfer Restriction is terminated.
⑤ Handling in organizational restructuring, etc.

Job Title

Shares subject to termination of Transfer
Restriction
Executive Directors andAs determined by Global CEO after deliberation
Directorsof Officer Nomination and Compensation(Allotted Persons who assumed Meeting, the number of shares obtained by
the position as of January 1, multiplying the Allotted Shares by the number of2022)
months from January 2022 to the monthincluding the date of the said determination (12if 13 or more) by 12. (Provided, however, thatsuch number shall be rounded down if any
fraction less than one share arises as a result ofthe calculation.)
Executive Directors andAs determined by Global CEO after deliberation
Directors(Allotted Persons who assumed of Officer Nomination and Compensation
the position between January 2, Meeting, all of the Allocated Shares.
2021 and December 31, 2021
In the event that, during the Transfer Restriction Period, a merger agreement in which we
become an extinguished company, a share-for-share exchange agreement in which we
become a wholly-owned subsidiary, a share transfer plan, or any other proposal relating toorganizational restructuring has been approved at a general meeting of shareholders of us(or, if the approval of the general meeting of shareholders of us is not required for suchorganizational restructuring, at the meeting of our board of directors), we shall be able toterminate the Transfer Restriction immediately prior to the business day prior to theeffective date of such organizational restructuring, or acquire the Allotted Shares without
contribution as of the business day prior to the effective date of the said reorganization, etc.
4. Basis for Calculating the Amount to be Paid and the Specific Contents Thereof
The disposal value for this own stock disposal is 4,915 yen, which is the average daily closing
value of our common stock on the Tokyo Stock Exchange for the last month of the month in which
our board resolution date (January 28, 2022) belongs, in order to set the price free fromarbitrariness.

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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