【Yamagata Bank】Continuity and Additional Allocation of Performance-Linked Stock Compensation System | June 2026

Overview of the System

Yamagata Bank has introduced a performance-linked stock compensation system targeting directors and executive officers since fiscal 2016, aimed at enhancing corporate value. This system provides stock or monetary rewards based on achievement of performance targets. The trust period has been extended, and in 2026, an additional allocation of funds was decided. The trust period has been extended until August 2031, with a planned share buyback amount of 702 million yen.

Future Outlook and Impact on Shareholders

By continuing and making additional allocations to this system, the bank aims to enhance executives' awareness of increasing corporate value and to promote long-term performance improvement. The extension of the trust period and capital commitment involve dilution risks but are positioned as part of the company's medium- to long-term growth strategy. For shareholders, transparency of the system and increased performance-linked commitment by executives are key points.