TOKYO, April 27, 2017
– Ajinomoto Co., Inc. (“Ajinomoto Co.”) announced the resolution made at a board of directors meeting held today to introduce a new "company performance-linked stock compensation system" (hereinafter referred to as "System") that utilizes a trust, targeted at Directors (excluding Outside Directors) as well as Corporate Executive Officers and Corporate Fellows, in order to fulfill the FY2017-2019 Medium-Term Management Plan.
Ajinomoto Co. has thus decided to submit a proposal on the introduction of the System at the 139th Ordinary General Meeting of Shareholders scheduled to be convened on June 27, 2017.
The details are as stated hereto.
About Ajinomoto Co.
Ajinomoto Co. is a global manufacturer of high-quality seasonings, processed foods, beverages, amino acids, pharmaceuticals and specialty chemicals. For many decades Ajinomoto Co. has contributed to food culture and human health through wide-ranging application of amino acid technologies. Today, the company is becoming increasingly involved with solutions for improved food resources, human health and global sustainability. Founded in 1909 and now operating in 30 countries and regions, Ajinomoto Co. had net sales of JPY 1,185.9 billion (USD 9.87 billion) in fiscal 2015. For more about Ajinomoto Co. (TYO: 2802), visit www.ajinomoto.com.
For further information, please contact:
Ajinomoto Co., Inc. Public Communications Department;
pr_info@ajinomoto.com
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