#Japan #Tokyo #QUO Card #e-gift #Tech Corp

Tech Corp Announces Changes to Shareholder Benefits Program

In a recent board meeting, Tech Corp made a pivotal decision concerning its shareholder benefits program. This modification aims to enhance the value and convenience for shareholders while addressing a diverse range of requests made by them.

Reason for Change

The shareholder benefits program was launched last year by Tech Corp. As a result of listening to shareholders' varied needs, the company decided to shift from the previous offerings to a more flexible e-gift system. This change is set to provide a better experience while maintaining the core eligibility criteria of the program.

Details of the Changes

While the conditions for the length of stock ownership and the number of shares held remain unchanged, the reward system will transition from QUO Card Pay to a digital gift option called "Selectable e-GIFT." This innovative offering grants shareholders the flexibility to convert their rewards into their preferred digital currency, significantly enhancing usability.

"Selectable e-GIFT" is a digital gifting service provided by All Nippon Airways Trading Co., a wholly-owned subsidiary of ANA Holdings. This service allows users to choose from a variety of digital gift options via their smartphones easily. Consequently, shareholders will be able to exchange their rewards for popular electronic money, streamlining the reward utilization process.

For more details, interested parties can visit ANA GIFT.

Current and Updated Shareholder Rewards

Current System

Shareholders holding at least 1,000 shares (10 units) for over six months receive:

• - QUO Card Pay of ¥25,000 (for both January and July)
• - QUO Card Pay of ¥30,000 (for 24 months or more)

New System (Effective from July 31, 2026)

Under the new program, eligible shareholders will receive:

• - “Selectable e-GIFT” worth ¥25,000 (for six months)
• - “Selectable e-GIFT” worth ¥30,000 (for 24 months or more)

Important Notes

While many digital gifts can be exchanged through the “Selectable e-GIFT” service, some items may not be available for redemption. Furthermore, shareholders should be aware that the redemption period for these digital gifts is limited to six months from the date of issuance, so timely conversion is advisable. Once exchanged, the digital gifts will follow the expiration dates set by their respective providers.

Additionally, it is essential to point out that the total rewards amounting to either ¥50,000 or ¥60,000, if shares are held continuously, would yield an attractive return of 11.3% to 13.6% based on a theoretical share price of ¥440, as of June 2, 2026.

Implementation Timeline

The revised benefits will take effect from the shareholder benefits program based on stock holdings as of July 31, 2026, with the distribution of benefits expected to occur in late September 2026. Shareholders can look forward to an enhanced rewards experience that aligns with their preferences and needs.