Oita Bank finalizes executive stock compensation plan details

Oita Bank, led by president Yasuhide Takahashi, has finalized the issuance details for its stock compensation-type share options, as resolved by the board of directors on June 19, 2025. The plan targets eligible directors (excluding Audit & Supervisory Committee members and outside directors) and executive officers.

A total of 1,360 stock acquisition rights will be issued, with each right equating to 10 shares. Six eligible directors will receive 812 rights, while seven executive officers will be allotted 548 rights.

The paid-in amount for each stock acquisition right is set at JPY48,030 (JPY4,803 per share), calculated using the Black-Scholes model on the allotment date of August 25, 2025. Recipients will offset this amount by their compensation claims against the bank.