Based on the approval obtained at the 27th Annual General Meeting of Shareholders held on March 25, 2026 (hereinafter the “Shareholders’ Meeting”), FAN Communications, Inc. (hereinafter the “Company”) has introduced (i) a Performance-Condition Restricted Stock Compensation Plan (hereinafter the “Plan I”) using performance share units (hereinafter the “PSUs”) and (ii) a Time-Vesting Restricted Stock Compensation Plan (hereinafter the “Plan II”) using restricted stock for the Company’s directors (excluding directors who are members of theAudit and Supervisory Committee and outside directors; hereinafter the “Eligible Directors”). At the meeting of the Board of Directors held today, the Company resolved, as set forth below, to (i)enter into PSU grant agreements for the current year under Plan I and (ii) dispose of treasury shares as restricted stock compensation under Plan II (hereinafter the “Treasury Share Disposal”). Accordingly, the Company hereby announces the foregoing.
For an overview of Plan I and Plan II, please refer to “Notice Regarding the Introduction of the Performance-Condition Restricted Stock Compensation Plan and the Time-Vesting Restricted Stock Compensation Plan, etc.” dated February 9, 2026.

Please refer to the PDF for details.

The PDF can be found here