Obayashi TO INJECT FUNDS INTO BOARD INCENTIVE AND EMPLOYEE STOCK PLANS

TOKYO, Aug 07 (Pulse News Wire) – Obayashi Corporation (1802.T) decided to inject additional funds into its Board Incentive Plan (BIP) trust and Employee Stock Ownership Plan (ESOP) trust during a board meeting held on August 07, 2026. The BIP trust was approved by shareholders at the 122nd Ordinary General Meeting of Shareholders on June 29, 2026, while the ESOP trust was introduced on March 27, 2026.

Under the BIP plan, the company plans to allocate up to ¥1.006 billion to incentivize directors and executive officers, aiming to enhance long-term performance and increase enterprise value. Meanwhile, the ESOP trust will receive ¥5.959 billion to encourage middle management employees who meet certain criteria to focus on long-term performance and stock price awareness.

Key details of the trusts include: - Trust Type: Specific individual operation money trust for BIP, general money trust for ESOP - Purpose: Delivering shares and monetary payments to eligible recipients to foster long-term contributions and responsibility - Beneficiaries: Directors and executives for BIP, qualified managerial staff for ESOP - Trust Period: From August 24, 2026, to August 31, 2029 - Estimated Injection Amount: ¥1.006 billion for BIP, ¥5.959 billion for ESOP - Share Acquisition Period: August 27, 2026, to September 30, 2026 (estimated) The funds will be used to secure the necessary capital for acquiring company shares needed to implement these incentive programs.