Kawata MFG. Extends Equity Compensation Plan Trust Period

TOKYO, Jul 31 (Pulse News Wire) – Kawata Mfg. CO.,LTD.

(6292.T) resolved at today’s board meeting to extend the trust period and increase funding for its performance-linked equity compensation plan for directors. The extension will last three additional years until August 31, 2029, with total additional contributions amounting to ¥19.2 million. Under the revised plan, shares will be acquired through the stock market from August 10, 2026, to October 09, 2026, excluding five trading days prior to the end of each fiscal quarter. The purpose of the extended program is to enhance long-term performance and boost enterprise value by aligning director remuneration more closely with company performance and share price appreciation.

Previously disclosed on May 11, 2020, the initial setup aimed to reward directors based on their roles, achievement levels, and company performance. Directors will accumulate points annually according to set criteria, which will determine future share grants upon retirement. Any remaining shares at the end of the trust period will either be transferred back to the companyor used in a similar equity incentive scheme. The trust agreement will continue to operate without changes to previously disclosed terms, except for the extension and increased funding.

Mitsubishi UFJ Trust and Banking Corporation and Sumitomo Mitsui Trust Bank jointly manage the trust.