May 20, 2021
Company name: ＪＴＯＷＥＲ Inc.
Representative: Representative Director Atsushi Tanaka
（TSE Mothers Code No. 4485）
Contract:Ryosuke Nakamura Managing Director, CFO
Notice of Introduction of the Employee Stock Ownership Plan (J-ESOP)
At the meeting of the Board of Directors held today, JTOWER has resolved to introduce an incentive plan, the Employee Stock Ownership Plan (J-ESOP) ("the Plan") to provide employees with their own shares. The following is a notice.
We have decided to introduce the Plan with the aim of fostering employees' sense of belonging, enhancing their motivation to improve medium-tolong-term business performance and increase stock values, while enhancing corporate value over the medium to long term.
２．Overview of the Plan
This Plan allows employees who meet certain criteria to receive the Company stocks in accordance with the stock distribution rules pre-established by the Company.
Employees will be granted points based on their individual contributions and when they acquire the right to receive benefits under certain conditions, they will receive Company stocks that correspond to the points granted. Stocks to be distributed to employees, including stocks to be granted in the future, will be purchased with funds placed in trust in advance and managed separately as trust assets.
The introduction of the Plan is expected to raise employee interest in Company stock values and business performance and motivate them further in their business activities.