Source disclosure: February 20, 2026
KURIYAMA HOLDINGS CORPORATION [3355.T]
TOKYO, Feb 20 (Pulse News Wire) – Kuriyama Holdings Corporation (3355.T) resolved to amend its equity-based compensation plan, known as Board Benefit Trust (BBT), during today's board meeting. The amendments aim to enhance long-term corporate value and promote shareholder alignment.
The revised plan targets directors and executive officers excluding external and overseas members, along with certain subsidiary executives. Under the amended plan, the annual point allocation limit per individual increases to 200,000 points, with 100,000 points allocated specifically for directors. Additionally, the cap on funds contributed to the trust has been removed, allowing more flexibility based on market conditions.
The changes will be presented to shareholders at the upcoming annual general meeting scheduled for March 25. The trust, established on May 30, 2018, will continue until the cessation of the stock listing or the termination of the employee share award regulations. Points awarded to eligible recipients will be converted into shares upon their departure, subject to certain conditions and performance criteria.
Shares held within the trust will not exercise voting rights to maintain neutrality in corporate governance.
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