GMO internet group, Inc.
Notice Regarding Reduction of Executive Remuneration
Due to the impact of unauthorized access by a third party, GMO internet group, Inc. will reduce the remuneration of four directors and group executive officers starting from the remuneration paid in December 2026. Reduction rates are up to 30%; the affected individuals include the Representative Director, Group Chairman & CEO / Chief Administrative and Information Officer (CAIO) and three others. The company will examine the facts and consider reviewing management responsibility going forward.
Key Figures
- Reduction of executive remuneration: up to 30% × 3 months, 25% × 3 months, 20% × 3 months
- Affected persons: 4 people (including the Representative Director, Group Chairman & CEO / President & CAIO, and Group Executive Vice Presidents)
- Implementation timing: from remuneration payable in 2026-12- (December 2026)
AI要約
Overview of the matter
GMO internet group, Inc. resolved at the Board of Directors to reduce the remuneration of its directors and group executive officers in light of the unauthorized access involving its consolidated subsidiary, GMO Internet, Inc., and the impact on related parties. The subjects are the Representative Director, Group Chairman & CEO / President and Chief Administrative and Information Officer (CAIO) and two concurrently serving officers, totaling four people. The maximum reduction rate is 30% of monthly remuneration (for three months). The implementation starts from remuneration payable in December 2026.
Future response and impact
This reduction is based on the current assessment considering the incident. The company will reexamine management responsibility based on the verification results. Additional measures may be considered depending on the outcomes of the ongoing investigation.
GMO internet group, Inc.
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