OREANDA-NEWS. Konica Minolta, Inc. (the “Company”) has decided to offer its directors (excluding outside directors), executive officers, and group executives subscription rights to shares in the form of compensation-type stock options in accordance with the provisions of Articles 238 and 240 of the Company Law, under the terms and conditions set forth hereunder:

The Company issues subscription rights to shares as the shareholders' perspective linked stock price-related compensation, in order to provide further incentives to its directors (excluding outside directors), executive officers, and group executives, increase their morale, and clarify their responsibilities for improving company performance.

A total of 1,914 subscription rights to shares will be allotted to a total of 27 persons, with 353 to three directors (excluding outside directors), 1,361 to 19 executive officers, and 200 to five group executives. It should be noted that three of the 19 executive officers concurrently serve as directors.

The above total number represents the number of subscription rights to shares that are planned for allotment. In the event that some of the shares are not subscribed, and in consequence the total number of subscription rights to shares to be offered decreases, the total number to be allotted will be the total number that will be issued.

The type of shares underlining subscription rights to shares shall be the Company's ordinary share, and the number of shares issued upon the exercise of each subscription right to shares (hereinafter referred to as the “number of shares granted”) is 100. (The total number of shares for the 1,914 subscription rights to shares as stated in the (2) above amounts to 191, 400 shares.)

However, if the Company splits (including allotting shares of the Company's ordinary share free of charge) or consolidates its ordinary share, the number of shares granted shall be adjusted by the following formula, and any fraction less than one share resulting from adjustment will be rounded down to the nearest one whole share.