Katitas Grants Restricted Shares to Employees

TOKYO, Jul 29 (Pulse News Wire) – Katitas Co.,ltd (8919.T) resolved to grant restricted shares to employees during a board meeting held . The company will issue ordinary shares worth ¥1,000 per share to four employees and four subsidiary employees totaling 11,200 shares on August 31, 2026.

The purpose of this issuance is to incentivize long-term performance and promote continuous employment among selected employees. Long-term incentive recipients will face restrictions until August 30, 2033, while three-year restriction recipients will be limited until August 30, 2029. Restrictions will gradually lift based on continued service and specific conditions tied to their roles within the company.

Additionally, the company plans to manage these restricted shares through special accounts opened at Daiwa Securities Co., Ltd. to ensure compliance with the imposed restrictions. Any organizational restructuring during the restriction period will trigger adjustments to the vesting schedule according to predefined formulas.