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Announcement on the Completion of Payment for the Disposition of Treasury Shares as the Grant of Shares via the Employee Shareholding Association and Partial Forfeiture

November 12, 2025

IWATA, November 12, 2025 - Yamaha Motor Co., Ltd. (Tokyo: 7272) announces that, with respect to the disposition of treasury shares to be allotted to the Yamaha Motor Employee Shareholding Association as resolved at the board of directors' meeting held on June 30, 2025, the payment procedures have been completed as of today, as follows.

In addition, due to partial forfeiture, there have been changes to the initially planned number of shares to be disposed of and the total disposition value. The details of these changes are also provided below.

For further details, please refer to the "Notice Regarding the Status (Progress Report) of the Acquisition of Own Shares" dated June 30, 2025.


1. Overview of disposition (Changes are underlined)


2. Reason for the change
The change in the number of shares to be disposed of and the total disposition value is due to the completion of the membership promotion for employees and the finalization of the number of members in the shareholding association.

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