TOKYO, May 22 (Pulse News Wire) – ANA Holdings Inc. (9202.T) resolved to amend its share compensation plan “BBT” to a restricted stock-based system called “BBT-RS.” The new plan includes restrictions on transferring shares until retirement.
The proposal will be put to shareholders at the annual general meeting on June 26, 2026. Under the revised scheme, directors and non-executive officers will receive shares subject to holding restrictions based on performance targets set out in the medium-term management strategy. The number of points awarded per director will be capped at 120,000 annually, while non-executive officers will cap at 60,000 points annually. Points will be converted into shares at a rate of one point per ordinary share.
In addition, the board decided to extend the scope of the new plan to include executive officers who do not concurrently hold director positions, contingent upon shareholder approval. The trust fund established for the program will continue to operate without a fixed termination date, aligning with the duration of the incentive scheme. The amendment also specifies that any dividends received through the trust will be used to cover acquisition costs and trustee fees. Upon dissolution of the trust, residual funds will be distributed according to the remaining points held by eligible recipients.
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