【Hokuetsu Corporation】Stock Option Issuance｜June 2026

Details of the Stock Option

Hokuetsu Corporation resolved at its Board of Directors meeting on June 26, 2026, to issue 70 share acquisition rights. Each right grants 500 common shares, with an exercise price of 1 yen. The exercise period runs from July 17, 2026, to July 16, 2041, aiming to increase incentive for shareholders and executives, and to enhance corporate value. Adjustments to the number of granted shares will be made in accordance with stock splits or consolidations.

Purpose and Future Outlook

This stock option scheme aims to boost the management awareness of directors and promote medium- to long-term performance improvements. Details regarding the adjusted number of granted shares and exercise conditions are also specified, with adjustments expected to be within reasonable limits. The company plans to continue utilizing incentive schemes to support sustainable growth and increase shareholder value.