Persol Holdings TO ISSUE SHARES THROUGH TRUST STRUCTURES

TOKYO, Aug 07 (Pulse News Wire) – Persol Holdings CO.,LTD. (2181.T) announced that its board of directors resolved on August 07 to issue shares through trust structures aimed at delivering stock-based compensation to executives and senior management.

The issuance will take place on August 27, 2026, involving ordinary shares totaling 4,292,400. Each share will be priced at ¥260, resulting in a total value of ¥1.116 billion. The shares will be distributed among three trusts managed by Mitsubishi UFJ Trust and Banking Corporation and Mitsui Sumitomo Trust and Banking Corporation. The beneficiaries include directors, executive officers, and senior managers within the group.

The distribution is part of a broader plan to continue and amend the existing stock incentive program until March 31, 2027. The dilution impact is estimated to be 0.19% of the outstanding shares, based on the number of shares expected to be delivered during the trust period. CEO Kazuo Wada stated that the decision was made to ensure fair and transparent compensation practices while aligning incentives with long-term performance goals. The company's independent audit committee confirmed that the pricing mechanism used for the share issuance is objective and reasonable, reflecting the closing price on the Tokyo Stock Exchange on August 06, 2026, which was ¥260 per share.