Sinko Industries TO ISSUE RESTRICTED STOCK AS PART OF COMPENSATION PLAN

TOKYO, Jun 24 (Pulse News Wire) – SINKO INDUSTRIES LTD. (6458.T) announced that it will distribute restricted stock to executives and directors as part of its compensation plan on July 22, 2026.

The distribution involves 1,000 ordinary shares per person, totaling 14,000 shares, valued at ¥1,000 per share, amounting to ¥14 million. This move follows a resolution made during the board meeting held . The restricted stock program was introduced in 2017 to incentivize long-term performance and align interests with shareholders. Under this scheme, four directors and eight executive officers who do not concurrently hold director positions, along with two subsidiary directors, will receive the shares.

The restricted stock comes with a three-year holding period during which the recipients cannot sell, pledge, or otherwise dispose of the shares without approval. In case of resignation due to retirement or other valid reasons within the restriction period, the company reserves the right to reclaim the shares free of charge. Additionally, the shares will be managed through a special account opened at Nomura Securities Co., Ltd., ensuring compliance with the restrictions. The valuation of the shares for this issuance is based on the closing price of SINKO INDUSTRIES' stock on the Tokyo Stock Exchange on June 23, 2026, which was set at ¥1,000 per share.

This approach ensures fairness and transparency in determining the issue price.