Valqua to Distribute Restricted Shares to Executives on July 17

TOKYO, Jun 24 (Pulse News Wire) – Valqua,ltd. (7995.T) announced that its board of directors decided on June 24 to distribute restricted shares as part of its stock compensation program.

The distribution will take place on July 17, involving 5,200 ordinary shares for three directors and 8,500 shares for 15 executive officers. Each share will be valued at ¥7,740 per share, totaling ¥106.0 million. The shares will be subject to a restriction period until July 16, 2056, aimed at aligning executives' interests with those of shareholders.

The purpose of this program is to encourage executives to contribute more towards enhancing shareholder value and increasing stock prices. The restricted shares will be managed through SMBC Nikko Securities and cannot be transferred during the restriction period without valid reasons approved by the board. Upon completion of the restriction period or upon leaving their positions, executives may face automatic forfeiture of some or all of their shares based on tenure.