Introduction of a Policy for Determining Individual Director Compensation

「Individual directors’ compensation consists primarily of fixed cash compensation, with performance-linked and non-monetary compensation in the form of stock acquisition rights also potentially provided to encourage motivation and morale toward increasing corporate value.」

「Based on a resolution adopted at the 25th Annual General Meeting of Shareholders held on 29 June 2021, the Company’s Board of Directors, at a meeting held on 30 July 2021, resolved as set out below to determine the offering terms for stock acquisition rights for the Company’s directors, excluding directors who are Audit and Supervisory Committee members, and the directors of 株式会社ジェイテックアドバンストテクノロジ, the Company’s wholly owned subsidiary, and to solicit subscriptions from persons who would acquire those stock acquisition rights.」

「At a Board of Directors meeting held on 10 February 2021, the Company approved a policy for determining the details of compensation and other remuneration for individual directors.」