June 28, 2022
Koki Ando
President and Representative Director, CEO
Notice of Determination of Issuance of Stock Options as Compensation (Stock Acquisition Rights) to the Company's Executive Officers
NISSIN FOODS HOLDINGS Co., Ltd. (President and Representative Director, CEO: Koki
Ando: hereinafter "the Company") announces that some of the terms regarding the offering of stock options as compensation (stock acquisition rights) to 10 executive officers of the Company, which had not been determined when the resolution was approved by the Board of Directors held on June 1, 2022, have been determined today. Details are as follows.
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Name of the stock acquisition rights
The 52nd series of stock acquisition rights of NISSIN FOODS HOLDINGS Co., Ltd. - Amount to be paid in for a stock acquisition right (hereinafter "Paid-in Amount") 8,951yen per stock acquisition right
The Company assumes the obligation to pay monetary compensation equivalent to the amount calculated by multiplying the Paid-in Amount by the number of stock acquisition rights to be granted to the executive officers of the Company who will be holders of stock acquisition rights. The executive officers of the Company to whom stock acquisition rights will be granted shall set off their claims for the monetary compensation against the Company in lieu of the payment of the Paid-in Amount.
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