Sotetsu Holdings to Seek Shareholder Approval for Director Compensation Changes

TOKYO, May 21 (Pulse News Wire) – Sotetsu Holdings,inc. (9003.T) announced today that its board of directors has decided to revise director compensation, aiming to clarify long-term corporate value enhancement alongside short-term performance metrics.

The changes will reduce base salaries while increasing variable pay tied to performance outcomes for non-outsider directors. At the upcoming 158th Ordinary General Meeting of Shareholders scheduled for June 26, 2026, the company plans to seek approval for the revised compensation framework.

Under the proposed changes, total monetary compensation for directors would be capped at ¥400 million annually (excluding outside directors' compensation which remains within ¥40 million). Basic pay and performance-linked bonuses will be adjusted accordingly.

Following shareholder approval, the new compensation structure will take effect, providing incentives aligned with both immediate and sustained business success.