Komori
Governance8524North Pacific Bank,Ltd.Banks

Notice Regarding the Continuation of the Performance-Linked Stock Compensation Plan

The performance-linked stock compensation plan will continue, and the term of the executive compensation BIP trust will be extended by 3 years. The plan will remain unchanged from its form following the partial revisions made in fiscal 2025, and no additional contribution will be made in connection with this continuation.

Worth reading
—
Scored from 0 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
3
Annual (extension of the trust period)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The performance-linked stock compensation plan will continue, and the term of the executive compensation BIP trust is scheduled to be extended by 3 years, from 31 August 2026 to 31 August 2029. The plan will remain unchanged, and no additional contribution will be made.

この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。

Contents of this filing
ItemDetails
Changes this timeThe performance-linked stock compensation plan will continue, and the term of the executive compensation BIP trust is scheduled to be extended by 3 years, from 31 August 2026 to 31 August 2029. The plan will remain unchanged, and no additional contribution will be made.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy 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 clarify the linkage between compensation for directors and other officers and the bank’s performance and shareholder value, and to heighten awareness of the contribution to improving performance and increasing corporate value over the medium to long term.

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 Performance-Linked Stock Compensation Plan | North Pacific Bank,Ltd. (8524) timely disclosure | Komori