TDM: Board Resolution for ESOP Stock Issuance Plan in 2025

On October 20, 2023, the Board of Directors (BOD) of TDM Joint Stock Company approved a resolution to implement the Employee Stock Ownership Plan (ESOP) for 2025. The goal of this plan is to motivate employees and encourage their long-term attachment to the company. However, the details regarding the number of shares, issuance price, and specific conditions have not been disclosed. The BOD affirmed that the ESOP issuance will enhance operational efficiency and ensure shareholder rights. This plan also aims to promote sustainable development for the company in the future. The implementation process will be closely monitored and transparent. TDM expects that the active participation of employees through the ESOP program will further its development and enhance its market position.

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