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Notice Regarding Issuance of Stock Acquisition Rights as Stock Options

TOKYO, Japan, March 13, 2017― Renesas Electronics Corporation (“Renesas”, TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced that it has resolved at the Meeting of Board of Directors held on March 13, 2017, certain subscription items for stock acquisition rights to be issued as stock options for directors, (excluding outside directors), corporate officers and employees of Renesas and its subsidiaries. Renesas has also determined items regarding taking applications or persons who will receive these stock options. The terms and conditions are as outlined below.

 

[Outline of Resolutions]

  1. For directors (excluding outside directors), corporate officers, and employees of Renesas and its subsidiaries located in Japan, Renesas will accept applications for persons who will receive the " Renesas Electronics Corporation Stock Options for FY2017 (Series No.1)", and will grant those stock options on April 3, 2017.

  2. For directors (excluding outside directors), corporate officers, and employees of Renesas’ subsidiaries located outside Japan, Renesas will accept applications for persons who will receive the " Renesas Electronics Corporation Stock Options for FY2017 (Series No.2)", and will grant those stock options on April 3, 2017.
For further details, please see here (PDF: 141 KB).

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live—securely and safely. The number one global supplier of microcontrollers, and a leader in Analog & Power and SoC products, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Automation (OA) and Information Communication Technology (ICT) applications to help shape a limitless future. Learn more at renesas.com.


The content in the press release, including, but not limited to, product prices and specifications, is based on the information as of the date indicated on the document, but may be subject to change without prior notice.

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