AVANT GROUP Revamps Director Compensation Plan

AVANT GROUP CORPORATION (JP:3836) has released an update.

AVANT GROUP CORPORATION has announced a revision to its performance-linked stock compensation plan for directors, shifting to a trust-based system that imposes transfer restrictions on the granted shares until directors retire. This change aims to incentivize directors to enhance long-term corporate value and will be proposed at the upcoming 28th Annual General Meeting of Shareholders. The new plan maintains the original compensation and share delivery amounts but extends the period during which directors are incentivized.

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