Introduction of Stock-Based Remuneration
Source: RNS
Notice Regarding Introduction of Stock-Based Remuneration linked to Share Performance Using Trust Scheme for its Directors, etc.
Mitsubishi Corporation ("the Company") announces that it will revise its remuneration package for its Directors (excluding Directors who are Audit & Supervisory Committee Members), who are in charge of business execution, and Executive Officers, with the aim of sharing value with its shareholders and further heightening awareness of improvement of medium-to-long term corporate value. As a part of this, at a meeting of its Board of Directors held today, the Company decided to introduce a stock-based remuneration linked to share performance using trust (hereinafter referred to as the "Plan") as a new incentive plan.
The Company will submit a proposal regarding the introduction of the Plan together with a proposal regarding the amount of remuneration to Directors (excluding Directors who are Audit & Supervisory Committee Members) to the 2025 Ordinary General Meeting of Shareholders scheduled for June 20, 2025. The details are stated as attached below.
http://www.rns-pdf.londonstockexchange.com/rns/2380H_1-2025-5-2.pdf
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