Orion Breweries TO ISSUE RESTRICTED STOCK AS COMPENSATION

TOKYO, Jun 22 (Pulse News Wire) – Orion Breweries,ltd. (409A.T) announced today that its board of directors resolved to issue restricted stock compensation to certain executives and outside directors.

The issuance will take place on July 21, 2026, involving the distribution of 16,116 ordinary shares at a price of ¥1,191 per share, totaling ¥19.2 million. This move aims to incentivize long-term value creation among key management personnel while fostering greater alignment with shareholders' interests. The restricted stock grants are part of a newly implemented equity-based incentive program approved during the company's 69th annual general meeting held .

Under this scheme, eligible recipients will receive both cash awards and restricted stock units based on their tenure and performance criteria. The restricted stock units come with vesting conditions tied to continued service and achievement of predefined performance targets within the fiscal year ending March 31, 2027. Failure to meet these conditions could result in the forfeiture of unvested shares back to the company.

Additionally, the shares will be managed through a dedicated account at Nomura Securities Co., Ltd., ensuring compliance with restrictions on transfers and pledges throughout the vesting period.