For immediate release
April 28, 2015
Company name:
Representative:
Stock ticker code:

Makita Corporation
Shiro Hori, President, Representative Director
6586

Notice Concerning Introduction ofStock-Compensation-Type Stock Options (Stock Acquisition Rights) for Directors
Makita Corporation (the “Company”) hereby announces that it has resolved at a meeting of its Board of Directors heldon April 28, 2015, a policy to allot stock acquisition rights to its Directors (excluding Outside Directors) as
stock-compensation-type stock options.
１．Reasons for the Introduction of Stock-Compensation-Type Stock Options
The Company resolved on a policy to allot stock acquisition rights to its Directors (excluding Outside Directors)
as stock-compensation-type stock options with the aim of strengthening morale and the preparedness of Directors tocontribute to enhancing the corporate value of the Company over the medium and long term as well as enabling themto share the advantages and risks of share price fluctuations with our shareholders.
The allotment of the said stock acquisition rights is subject to the approval of the proposal regarding the amount of
remuneration and specific details concerning the said stock acquisition rights for Directors of the Company at theAnnual General Meeting of Shareholders for the 103rd Term of the Company to be held on June 25, 2015.
２．Details of Stock-Compensation-Type Stock Options (Stock Acquisition Rights)(i) Underlying share classes and number of shares per stock acquisition rightTen shares of common stock of the Company shall be granted per one stock acquisition right. However, in theevent the Company conducts a share split (including bonus share allotments of common shares of the Company;
hereinafter, the same shall apply, when referring to share split) or reverse stock split, after the date of resolution ofthe proposal (hereinafter referred to as the “Date of Resolution”), the number of shares granted will be adjusted inaccordance with the following formula. Fractions of shares resulting from the adjustment will be truncated to thenearest whole share.
Number of shares granted after adjustment = Number of shares granted before the adjustment × Stock split ratioor reverse stock split ratio
Moreover, in the event that the Company is, after the Date of Resolution, subject to merger, company split or
any other similar cases other than the above, in which it is necessary to adjust the number of shares granted, theCompany may appropriately adjust the number of shares granted to a reasonable extent.
(ii) Total number of stock acquisition rights
The maximum number of stock acquisition rights allotted to Directors (excluding Outside Directors) within one
year from the date of the ordinary general meeting of shareholders for the corresponding fiscal year shall be 5,000.
(iii) Amount to be paid in for the stock acquisition rights
The amount to be paid in for one equity warrant shall be the amount to be determined at the Board of Directors
meeting of the Company based on the fair value of the stock acquisition rights calculated using a fair calculation
method for the allotment of stock acquisition rights, such as the Black-Scholes Model.

English Translation of press release originally issued in Japanese1

(iv) Amount of assets to be contributed upon exercise of the stock acquisition rights
The amount of assets to be contributed upon exercise of each equity warrant shall be an amount obtained bymultiplying the exercise price per share to be issued upon exercise of such stock acquisition rights (which shall be
one yen), by the number of shares granted.
(v) Period during which the stock acquisition rights may be exercised
The exercise period must lie within fifty years from the day following the allotment date of the stock acquisitionrights and is subject to determination by the Board of Directors meeting of the Company.
(vi) Restriction on acquisition of stock acquisition rights by way of transfer
The acquisition of stock acquisition rights by assignment requires the approval of the Board of Directors
meeting of the Company.
(vii) Stock acquisition right exercise terms
Persons allotted stock acquisition rights are permitted to exercise stock acquisition rights on or after the dayfollowing the day on which they cease to hold a position as Director of the Company. Any other stock acquisitionright exercise terms are subject to determination by the Board of Directors meeting of the Company.

English Translation of press release originally issued in Japanese2