Policy for deciding the amount of remuneration for directors and audit & supervisory board members
Concerning remuneration for directors and audit & supervisory board members, it has been decided by resolution of the General Meeting of Shareholders that the amount of remuneration to directors as a group is capped at \400 million per annum (fixed remuneration) and the amount of remuneration to audit & supervisory board members as a group is capped at \70 million per annum (fixed remuneration).
Additionally, it has also been decided by resolution of the General Meeting of Shareholders that the maximum amounts of remuneration etc. relating to subscription rights to shares issuable as stock options are \200 million per annum for directors as a group and \15 million per annum for audit & supervisory board members as a group for the one year period beginning from the date of the Ordinary General Meeting of Shareholders for each fiscal year.
The actual amount of remuneration etc. to each director and each audit & supervisory board members shall be based on the deliberation and report of the Remuneration Committee, which consists of outside directors and outside audit & supervisory board members, and decided by resolution of the Board of Directors for a director's remuneration or by consultation of Audit & Supervisory Board for a audit & supervisory board member's remuneration.
Disclosures based on the principles of the Corporate Governance Code
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