Notice of Completion of Disposal of Treasury Shares as Restricted Stock Compensation Plan

OSAKA, Japan, July 22, 2020 - Shionogi & Co., Ltd. (Head Office: Osaka, Japan; President and CEO: Isao Teshirogi, Ph.D.; hereafter "Shionogi") today announces that the disposal of treasury shares as restricted stock compensation plan, decided at the meeting of its Board of Directors held on June 23, 2020, was completed on July 22, 2020 as follows. For details, please refer to the release on June 23, 2020.

(1)   Class and number of shares to be disposed

23,200 shares of Common stock of Shionogi

(2)   Disposal price

7,087 yen per share

(3)   Total value of shares to be disposed

164,418,400 yen

(4)   Allottees and number thereof, number of shares to be disposed

Directors (excluding outside directors): 2 persons   15,000 shares

Corporate officers: 9 persons 8,200 shares

(5)   Disposal date

July 22, 2020