Nippon Filcon Reintroduces Employee Share Ownership Plan

TOKYO, Jul 01 (Pulse News Wire) – Nippon Filcon CO.,LTD. (5942.T) announced today that its board of directors has approved the reintroduction of the Employee Share Ownership Plan (ESOP).

The ESOP aims to enhance employee welfare programs and incentivize long-term corporate value growth. Key details of the plan include: - Type of trust: Specific individual management money trust (beneficiary trust) - Purpose: Stable and continuous supply of company shares to the employee stockholding association and expansion of welfare programs for eligible employees - Trustee: Resona Bank Co., Ltd., which will enter into a comprehensive trust agreement with Nomura Trust & Banking Co., Ltd., acting as the sub-trustee - Beneficiaries: Employees who meet eligibility criteria within the company's stockholding association - Effective date: July 02, 2026 - Duration: July 02, 2026 to June 29, 2029 - Voting rights: The trustee will exercise voting rights based on instructions from the trust manager reflecting the voting status of the employee stockholding association Under the ESOP, the company plans to acquire up to ¥250 million ordinary shares during the period from July 07, 2026 to August 06, 2026 through open market purchases, including off-market transactions.