Marudai FOOD Introduces Equity-Based Compensation Plan for Executives

TOKYO, Jun 26 (Pulse News Wire) – Marudai Food CO.,LTD. (2288.T) announced today that its board of directors has approved the introduction of an equity-based compensation plan targeting employed executives and management personnel within group companies.

The plan utilizes a trust mechanism to align executive performance with stock price appreciation, aiming to enhance long-term corporate value. Under the scheme, Marudai will establish a trust fund through which it will purchase shares of its own common stock. Points awarded to eligible executives based on their performance will correspond to the number of shares delivered via the trust. All funding for share purchases will come from Marudai, eliminating any financial burden on participating executives.

Key components of the program include: - Establishment of a trust agreement with Sumitomo Mitsui Trust Bank, which will manage the acquired shares. - Independent trustees will oversee the trust operations and exercise voting rights according to instructions from Marudai. - Shares will be distributed to beneficiaries who meet the stipulated conditions outlined in the trust agreement and point allocation criteria. The trust is scheduled to commence in August 2026 and run until August 2029, with the primary objective of delivering shares to qualified recipients based on predefined performance metrics.

This initiative underscores Marudai's commitment to fostering a culture of performance-driven excellence among its leadership team while bolstering shareholder interests.