Retail Partners Grants Restricted Shares to Executives

TOKYO, Jul 17 (Pulse News Wire) – Retail Partners CO.,LTD. (8167.T) completed the allocation of restricted shares to its executives as part of a share-based compensation program.

The distribution was approved during the June 17 board meeting and finalized on July 17. Under this program, the company allocated ordinary shares totaling 7,516 to eight directors, excluding audit committee members and outside directors. The restricted nature of these shares means they cannot be freely traded immediately upon receipt.

This action aligns with the company's strategy to incentivize and retain key management talent through long-term equity awards. For more detailed information, refer to the June 17 press release titled "Announcement Regarding Self-Shares Distribution as Restricted Share Compensation." --- By completing this allocation, Retail Partners CO.,LTD. aims to strengthen its executive team’s commitment to long-term growth and performance goals.