【Excelgear】Introduction of Executive Compensation System and Review of Stock Compensation System｜2026-06-19

Review of Executive Compensation System and Introduction of New System

On June 19, 2026, Excelgear's Compensation Committee resolved to review the executive compensation system and introduced a performance-linked restricted stock compensation scheme. The new system grants shares based on the achievement of performance targets such as consolidated ROE, and is a measure associated with the transition to a company with a Nomination and Compensation Committee. Executives targeted for this system will contribute their monetary claims received as compensation through in-kind contribution, resulting in shares being issued. Details of the system and timing of grants will be decided by the Compensation Committee, with restrictions on transfer and conditions for unearned acquisition also set.

Purpose and Future Outlook of the System

The purpose of introducing this system is to strengthen the linkage between executive compensation, corporate performance, and stock value, thereby promoting the enhancement of corporate value over the medium to long term. It aims to strengthen the incentives for executives and support sustainable growth of the company. The scope of application, responses upon resignation, and details of transfer restrictions are comprehensively specified to ensure transparency and fairness. Going forward, the company will continue to optimize executive compensation based on the operational status of the system.