(NOTE) This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the Japanese original shall prevail.
Date: October 14, 2025
Company Name: Akebono Brake Industry Co., Ltd. Representative: Hiroshi Nagaoka, President & CEO (Securities Code: 7238 TSE Prime Market)
Announcement Regarding Final Conditions of Share-based Payment Stock Options (Share acquisition rights)Akebono Brake Industry Co., Ltd. (hereinafter the "Company") hereby announces that the total number of share acquisition rights, amount to be paid upon allotment of share acquisition rights, target persons and the number of share acquisition rights allotted have been determined in regard to two kinds of share acquisition rights (medium- and long-term) as share-based payment stock options for Directors (meaning Executive Directors - the same applies hereinafter), Executive Officers who are not concurrently serving as Directors, and division head-level executives of the Company, by resolution of a meeting of the Board of Directors held on September 12, 2025.
14th (A) Performance-related medium-term share acquisition rights
Total number of share acquisition rights 23,698
Amount to be paid upon allotment of share acquisition rights 11,200 yen per one (1) share acquisition right
(112 yen per one (1) share)
The right to request remuneration by the person to whom the share acquisition rights are allotted shall be offset against the obligation to pay the subscription price for the stock acquisition rights.
Target persons and number of share acquisition rights allotted
Directors 2 persons, 1,202
Executive Officers 5 persons, 4,820
Division head-level executives 18 persons, 17,676
14th (B) Performance-related long-term share acquisition rights
Total number of share acquisition rights 12,446
Amount to be paid upon allotment of share acquisition rights 11,200 yen per one (1) share acquisition right
(112 yen per one (1) share)
The right to request remuneration by the person to whom the share acquisition rights are allotted shall be offset against the obligation to pay the subscription price for the stock acquisition rights.
3. | Target persons and number of share acquisition rights allotted | |
Directors: Executive Officers | 2 persons, 2,806 5 persons, 9,640 |
Note: Information on conditions and other matters related to the share acquisition rights other than the above has been disclosed in "Announcement Regarding the Issuance of Share-based Payment Stock Options (Share acquisition rights)" dated September 12, 2025.
End of Document