Kansai Paint Amends Equity-Based Compensation Plan for Executives

TOKYO, May 11 (Pulse News Wire) – Kansai Paint CO.,LTD. (4613.T) resolved to amend its equity-based compensation plan for executives at its board meeting held today.

The proposed changes will be presented at the upcoming 162nd Ordinary General Meeting of Shareholders scheduled for June 26, 2026. Under the amended plan, the company aims to enhance long-term performance and increase enterprise value by aligning executive remuneration more closely with mid-term targets outlined in its 18th Medium-Term Business Plan covering fiscal years ending March 31, 2027 through March 31, 2028. The plan involves setting performance metrics such as sales revenue, EBITDA, ROE, and ESG external evaluations, which will determine a coefficient ranging from 0 to 250%. Executives will earn points based on their roles and performance against these targets.

Each point corresponds to one ordinary share of Kansai Paint. The total number of shares deliverable under the plan is capped at 1,000 times the number of years in the target period, amounting to up to 2,000 shares for the current two-year period. Shares will be acquired through a trust mechanism and distributed upon the executive's departure, subject to certain conditions. In addition, the company retains the right to,31,.