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Governance5711Mitsubishi Materials CorporationIron & Steel, Nonferrous Metals

Notice Regarding the Continuation of the Share-Based Compensation Plan

The share-based compensation plan for Executive Officers will continue from FY2026 onward, and the term of the BIP Trust is scheduled to be extended through the end of May 2029. The plan will cover 3 consecutive fiscal years beginning in FY2026, and the additional contribution amount will be determined and disclosed at a later date.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
3
Fiscal Year
Wording
Conditional
How definitive the wording is.

Governance structure

Committee1
Compensation committee
Changes this time

Because the coverage period established when the term was last extended will expire at the end of FY2025, the share-based compensation plan will continue from FY2026 onward, and the trust term is scheduled to be extended through the end of May 2029. The additional trust contribution amount and the timing of share acquisitions have not been determined.

Governance structure
ItemDetails
CommitteeCompensation committee (percentage of outside members: not disclosed)
Changes this timeBecause the coverage period established when the term was last extended will expire at the end of FY2025, the share-based compensation plan will continue from FY2026 onward, and the trust term is scheduled to be extended through the end of May 2029. The additional trust contribution amount and the timing of share acquisitions have not been determined.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To enhance corporate value over the medium to long term and align interests with shareholders.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Continuation of the Share-Based Compensation Plan | Mitsubishi Materials Corporation (5711) timely disclosure | Komori