Company: TAK
Filing Date: 2025-06-25
Form Type: 20-F
Source: 0001395064-25-000095
Chunk: 275

Company: TAKEDA PHARMACEUTICAL CO LTD
Filing Date: 2025-06-25
Form: 20-F
Item: Item 19
Chunk 275
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  Weighted average fair value at grant date      ¥                                        3,759      ¥                                        4,527      ¥                                        4,192  
  ESOP:                                                                                                                                                                                                  
  Weighted average fair value at grant date                                               3,759                                               4,527                                               4,192  
  Equity-Settled LTIP:                                                                                                                                                                                   
  Weighted average fair value at grant date      1,909                                               2,273                                               2,092                                           

The grant date fair value for BIP and ESOP was calculated using the share price of the Company's common stock on the grant date while the grant date fair value for LTIP was calculated using the share price of ADS as it was determined to be approximately the same as the fair value of the awards. One ADS equals 0.5

F-72

The following table summarizes the award activity related to the BIP (the number of award points) (1 award point represents 1 share of the Company's common stock), ESOP (the number of award points) (1 award point represents 1 share of the Company's common stock) and Equity-settled LTIP (the number of award units) (1 award unit represents 1 share of the ADS). One ADS equals 0.5

 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  At beginning of the year               1,216,361         3,372,452         40,861,734         773,844         59,752,598         746,762         65,410,484  
  Granted                                  544,491           450,340         38,897,622         363,559         36,531,621         363,868         44,722,656  
  Forfeited/expired before vesting       ( 13,554)         ( 96,015)       ( 4,682,948)       ( 39,545)       ( 4,747,804)       ( 98,350)      ( 10,023,316)  
  Vested                                ( 435,309)      ( 2,949,200)      ( 15,237,880)      ( 351,096)      ( 25,916,216)      ( 346,903)      ( 29,843,