Number of shares granted after adjustment

  • Number of shares granted before adjustment × Ratio of stock split or consolidation

Exercise price after the adjustment

1

= Exercise price before the adjustment × Ratio of stock split or consolidation

Exercise price after the adjustment Exercise price before the adjustment

Number of issued stocks

Number of newly issued shares x Subscription price per share

×

Market value prior to new issuance

Number of shares already issued + Number of newly issued shares

Share acquisition rights exercisable

  • Percentage of shares exercisable during the period of service × Percentage of shares exercisable through valuation

Exercisable Percentage over the service period

Number of months in which the person who received the allocation of the relevant share acquisition rights held a position of section chief or higher between April 2021 and March 2023

=

24 months

Exercisable Percentage from Valuation = S 100 , A 80 , B 60 , C 40 , D 20

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Copro-Holdings Co. Ltd. published this content on 14 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2021 16:00:13 UTC.