Cosmo Energy Holdings Company Continues Equity Compensation Plan Amid Board Approval

TOKYO, Aug 06 (Pulse News Wire) – Cosmo Energy Holdings Company,limited (5021.T) announced today that its board of directors approved the continuation of its equity compensation plan for executives and key subsidiary directors. The plan, which was previously detailed in a notice dated May 12, 2026 and subsequently ratified at the 11th regular shareholders' meeting held on June 25, 2026, outlines the specifics of the equity acquisition amount and methods.

Under the plan, Cosmo Energy expects to acquire shares worth ¥177 million (including trust fees and expenses) for its own executives and ¥349 million (including trust fees and expenses) for the executives of three core subsidiaries—Cosmo Sekiyu Kabushiki Kaisha, Cosmo Oil Marketing Co., Ltd., and Cosmo Energy Development Co., Ltd.—from August 13, 2026 to September 14, 2026. The equity acquisitions will be made through open-market purchases.

Additionally, the company has entered into a trust agreement with Mitsubishi UFJ Trust and Banking Corporation (co-trustee Nippon Life Trust and Banking Co., Ltd.) to manage the acquired shares. The trust will run from August 07, 2026 until August 31, 2029, aimed at providing incentives to eligible directors and executives without exercising voting rights.

This decision underscores Cosmo Energy's commitment to aligning executive interests with shareholder value through structured equity-based rewards.