EDP Introduces Restricted Share Compensation Plan

TOKYO, Jul 24 (Pulse News Wire) – EDP Corporation (7794.T) announced on July 24 that its board of directors had approved the introduction of a restricted share compensation plan aimed at incentivizing executives and employees to achieve the medium-term management plan outlined in “Mid-Term Business Plan 2028,” which was published on May 27, 2026. The plan also seeks to enhance shareholder value through increased alignment with stakeholders.

Under the new scheme, eligible recipients—determined based on criteria set by the board—will receive shares subject to vesting restrictions. The number of ordinary shares allocated will not exceed 0.3% of the total outstanding shares at the beginning of the fiscal year in which the allocation takes place.

The valuation of these shares will be determined objectively to ensure fairness and avoid preferential treatment. Additional specifics regarding the implementation of the restricted share program, such as the precise conditions and procedures, will be finalized by the board of directors.

The company emphasized that the issuance of monetary compensation bonds will not reduce employee salaries.