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Governance8704TRADERS HOLDINGS CO.,LTD.Financials (excluding banks)

Notice Regarding the Abolition of the Executive Retirement Bonus System and Discontinuation Payments

The directors' retirement benefit plan will be abolished at the conclusion of the Annual General Meeting of Shareholders on 24 June 2026. Benefits accrued for the period of service up to the time of abolition will be paid in a lump sum when the eligible directors retire.

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Governance structure

Company with an Audit and Supervisory Committee
Changes this time

The directors' retirement benefit plan will be abolished, and benefits accrued for the period of service up to the time of abolition will be paid in a lump sum when the eligible directors retire. The eligible directors are outside directors who are not Audit and Supervisory Committee Members and directors who are Audit and Supervisory Committee Members.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Changes this timeThe directors' retirement benefit plan will be abolished, and benefits accrued for the period of service up to the time of abolition will be paid in a lump sum when the eligible directors retire. The eligible directors are outside directors who are not Audit and Supervisory Committee Members and directors who are Audit and Supervisory Committee Members.
Items this document does not state (6)
Number 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.

As part of efforts to further strengthen corporate governance and review the directors' compensation system, the Company aims to enhance the transparency, objectivity and clarity of the directors' compensation system and improve its alignment with incentives to increase corporate value over the medium to long term. The impact on earnings is expected to be minor.

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Notice Regarding the Abolition of the Executive Retirement Bonus System and Discontinuation Payments | TRADERS HOLDINGS CO.,LTD. (8704) timely disclosure | Komori