Minebea announced Determination of Details of Issuance of Stock Options (Stock Acquisition Rights) for Directors Compensation

Resource from: Minebea Co., Ltd. Likes:186

Jul 17,2013

Minebea Co., Ltd. (hereafter the "Company" or "Minebea") announced Tuesday that the pending items regarding issuance of stock options for Directors (excluding outside directors) Compensation resolved at the Board of Directors of the Company held on June 27, 2013, has been determined today. The details of the determination are described below. 1. Total number of stock acquisition rights 420 rights (The number of shares to be issued upon exercise of each of the 420 stock acquisition rights will be 100 shares) 2. Qualification and total number of allottees of stock acquisition rights and number of stock acquisition rights to be allotted Directors (excluding outside directors): 7 people, 420 rights 3. The amount to be paid in for stock acquisition rights ¥36,600 per each stock acquisition right (the option price: ¥366 per share) The above amount is a fair value of stock acquisition rights as calculated based on the Black-Scholes model on the Day of Allotment. The person who has been allotted stock acquisition rights shall set off his/her claims for remuneration against the Company in lieu of payment of monies for the stock acquisition rights allotted. 4. Class and number of shares to be issued upon exercise of stock acquisition rights Common shares of the Company: 42,000 shares Company Name: Minebea Co., Ltd. Representative: Yoshihisa Kainuma Representative Director, President and Chief Executive Officer (Code No. 6479, TSE Div. No.1) Contact: Naoyuki Kimura General Manager Personnel Department Tel: +81-(0)3-6758-6712

(Minebea Co., Ltd.)

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