SMC Corp Adds Equity to Director Compensation Trust

TOKYO, Aug 07 (Pulse News Wire) – SMC Corporation (6273.T) announced that it resolved to make additional contributions to its equity compensation trust for directors. The move aims to secure funds necessary for acquiring shares linked to future payouts under the revised performance-linked remuneration system.

Key details of the additional contribution include: - Type of shares: Ordinary shares of SMC Corporation - Additional contribution amount: ¥5.785 billion - Maximum number of shares to acquire: 150,000 - Planned additional contribution date: August 10, 2026 - Share acquisition period: From August 10, 2026 to September 09, 2026 - Method of share acquisition: Through open-market purchases on the Tokyo Stock Exchange The existing trust, established on August 11, 2020, involves SMC Corporation as the settlor and Resona Bank Co., Ltd. as the trustee.

The beneficiary pool consists of directors meeting the stipulated conditions outlined in the stock grant regulations. The trust duration extends indefinitely until the program's continuation ceases.

The additional funding will augment the total capital available for further share acquisitions within the trust framework.