Max Stock Approves Amended Compensation Policy and CEO Equity Package
News related to:Max Stock Limited · 1 min read
CAESAREA, Israel, Sept. 16, 2026 /CourierPR/ -- Max Stock Limited, Israel's leading extreme value retailer, has announced the results of its extraordinary general meeting, held on September 15, 2026. The meeting approved two key resolutions with significant implications for the company's future.
First, the shareholders approved the Company's amended Compensation Policy, effective from September 15, 2026, for a period of three years. This policy change is expected to align the interests of management with those of the shareholders, fostering long-term growth and stability.
Second, the meeting approved amendments to the terms of office of Ori Max, the CEO of Max Stock Limited. Effective October 1, 2026, these amendments include a substantial equity compensation package. Ori Max will receive 156,551 unlisted options exercisable for ordinary shares of the company and 106,502 performance-based restricted stock units (PSUs) convertible into ordinary shares. The total fair value of this package, as of September 15, 2026, is ILS 5.25 million.
According to the voting results, among shareholders who are neither controlling shareholders nor personally interested in the resolutions, 86.77% supported the amended Compensation Policy, and 85.62% supported the amendments to the CEO's terms of office. These high approval rates underscore the broad support for the changes.
The amended Compensation Policy is designed to ensure that management is incentivized to pursue long-term strategies that benefit the company and its shareholders. The equity compensation package for Ori Max is intended to align his interests with those of the shareholders, encouraging him to focus on sustainable growth and performance.
These changes are expected to strengthen Max Stock Limited's leadership structure and reinforce its commitment to sustainable growth and shareholder value.