Kioxia Holdings Corporation [285A.T]
TOKYO, Jun 12 (Pulse News Wire) – Kioxia Holdings Corporation (285A.T) announced corrections to its equity compensation system for directors and subsidiaries. The revisions, initially disclosed on May 15, 2026, incorrectly stated the upper limit of shares allocated to individual directors instead of the total number of shares.
The corrected version specifies that the upper limit of shares allocated to individual directors remains unchanged but clarifies the total share allocation limits. Under the revised system, the upper limit for external directors' share allocations is set at 90,000 shares multiplied by the delivery price, while internal directors face a cap of 2.23 million shares.
The changes take effect retroactively from June 27, 2025, the date of the seventh regular shareholders’ meeting. Additionally, the adjustments apply solely to the initial implementation period from the end of the seventh regular shareholders’ meeting until the next scheduled meeting.
Future periods will adhere to previously outlined modifications.
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