Premium Water Holdings shareholders approve board appointments and performance-linked equity plan

TOKYO, Jun 24 (Pulse News Wire) – Premium Water Holdings,inc. (2588.T) announced the results of its 20th annual general meeting held .

All ten non-audit committee director positions were approved unanimously, with over 99% support. Additionally, the proposal to introduce a performance-linked stock compensation system for directors was also passed with 99.88% approval. Following the meeting, the company's board structure remains unchanged, with Yoshihide Hagio continuing as Chairman, Akira Kanemoto as President, and Kenhiro Imizumi as Senior Managing Director.

Other key roles include Norihisa Nagano as CFO and external directors such as Kazuko Kawahara and others maintaining their positions. The executive officer lineup also saw Minoru Nakamura promoted to Executive Officer from Senior Executive Officer. The meeting validated the company’s governance reforms aimed at aligning executive remuneration with performance metrics, reflecting strong shareholder endorsement.