Kobe Bussan allocates stock options to directors and employees

Kobe Bussan Co., Ltd. announced the specific details of its stock option (stock acquisition rights) allocation program approved at its 39th Annual General Meeting of Shareholders. A total of 25,449 stock options will be issued, with 510 allocated to company directors and the remainder distributed among 576 Kobe Bussan employees, 23 subsidiary directors, and 673 subsidiary employees. Each stock option grants the right to acquire 100 shares of Kobe Bussan common stock. The exercise price will be determined on the allocation date, which is March 21, 2025, based on the closing price on the Tokyo Stock Exchange. The exercise period will run from April 1, 2027, to October 31, 2033. The stock options are granted without requiring payment, aimed at enhancing corporate value by aligning the interests of management and employees with shareholder returns.