Gun Ei Chemical Industry Chemical to Distribute Restricted Shares Worth \(NUM_1\) on July 24

TOKYO, Jun 26 (Pulse News Wire) – Gun Ei Chemical Industry CO.,LTD. (4229.T) announced plans to distribute restricted shares worth \(NUM_1\) among six executives on July 24, 2026.

The distribution includes 2,750 ordinary shares valued at \(June 26, 2026\) per share. This move follows the introduction of a restricted stock compensation program aimed at incentivizing long-term value creation and aligning executive interests with shareholder returns. The program was approved during a board meeting held on April 19, 2023, and further refined through subsequent annual general meetings in June 2023 and June 2024.

Under the agreement, executives must hold onto their shares until they either retire or resign from their positions within the stipulated period. Any violation of legal regulations or breach of contract conditions could result in the company reclaiming the shares without compensation. Additionally, the shares will be managed in dedicated accounts set up by securities firms designated by the company to ensure compliance with restrictions.