Xebio Holdings finalizes stock option compensation for directors

Xebio Holdings Co., Ltd. has finalized the specifics of its stock compensation-type stock options for directors, as resolved at a board meeting on August 19, 2025. The allocation date for these share options is set for September 16, 2025.

A total of 189 share options will be granted, with each option entitling the holder to 100 shares. These options will be allocated to three of the company's directors, resulting in a total of 18,900 shares of the company's common stock underlying the plan.

The value of each share option has been determined at 105,400 yen (1,054 yen per share). This amount was calculated using the Black-Scholes model based on the fair value as of the allocation date. In accordance with Article 246, Paragraph 2 of the Companies Act, the recipients will not be required to pay cash for these options.

Instead of cash payment, the directors’ obligation to pay for the share options will be offset by their remuneration claims against the company. This arrangement ensures that the share options are granted without requiring a monetary outlay from the directors, aligning with the intent of a stock compensation plan.