AEON’s Decision to Issue Stock Option Awards | May 27, 2026

Overview of Capital Policy

AEON adopted the resolution to issue the 25th new share acquisition rights (stock options) on May 27, 2026. This scheme aims to encourage ongoing performance improvement and increased corporate value among executive officers and group company presidents. The allocation targets include a total of 13 executive officers and 37 group company presidents, with a maximum of 6,372 new share acquisition rights to be granted. Each right grants 100 shares, with an exercise period from July 21, 2027, to July 20, 2042. The exercise price is set at 1 yen, and detailed conditions regarding exercise and expiration are specified.

Future Outlook and Impact on Shareholders

This issuance of new share acquisition rights is a measure aimed at long-term performance enhancement and boosting the motivation of directors. While it involves share dilution, which may affect existing shareholders, increased corporate value is expected to lead to a long-term rise in share price. Eligible recipients must hold officer positions at the time of exercising the rights and can exercise the rights even if they resign during the exercise period, within certain limits. Provisions concerning cost burden and adjustment methods are included to ensure transparency and fairness of the scheme.